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  1. The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.

  2. Jan 11, 2020 · Matt Rosenberg. Updated on January 11, 2020. Formed in 1958 the European Union is an economic and political union between 28 member countries. It was created after World War II as a way to ensure peace between European nations. These countries share a common currency called the Euro.

  3. 2 days ago · European Union (EU), international organization comprising 27 European countries and governing common economic, social, and security policies. Originally confined to western Europe , the EU undertook a robust expansion into central and eastern Europe in the early 21st century.

  4. Dec 28, 2021 · A new currency, the euro, was launched in world money markets on 1 January 1999; it became the unit of exchange for all EU member states except Denmark, Sweden, and the UK. In 2002, citizens of those 12 countries began using euro banknotes and coins. Ten new countries joined the EU in 2004 - Cyprus, the Czech Republic, Estonia, Hungary, Latvia ...

  5. european-union.europa.eu › principles-countries-history › key-facts-and-figures_enKey facts and figures | European Union

    Aug 9, 2010 · Key facts and figures. Structure. How the EU budget is spent, how its staff are organised, what countries use the euro, and what countries are members of the Schengen free-travel area. Economy. The EU is a single market that trades globally and between its member countries. Life in the EU.

  6. Mar 29, 2017 · 28 European countries are members of the EU. Without the UK, there will be 27. How many countries are going to join the EU? Five countries are candidates. Their individual prospects of joining are quite different . Two more are potential candidates, who have been promised the prospect of joining when they are ready. What are the EEA countries?

  7. The European Union is a unique partnership between 27 European countries, known as Member States, or EU countries. Together they cover much of the European continent. The EU is home to around 447 million people, which is around 6 % of the world’s population. Citizens of the EU countries are also EU citizens. EXERCISE 1 WHO IS A MEMBER OF THE EU?

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