The European Union (EU)
is a political and economic union of 28-member states that are located
primarily in Europe. It has an area of 4,475,757 km2 (1,728,099 sq. mi) and an
estimated population of over 510 million. The EU has developed an internal
single market through a standardized system of laws that apply in all member
states. EU policies aim to ensure the free movement of people, goods, services
and capital within the internal market, enact legislation in justice and home
affairs and maintain common policies on trade, agriculture, fisheries and
regional development. For travel within the Schengen Area, passport controls
have been abolished. A monetary union was established in 1999 and came into
full force in 2002 and is composed of 19 EU member states which use the euro
currency. The EU traces its origins to the European Coal and Steel Community
(ECSC) and the European Economic Community (EEC), established, respectively, by
the 1951 Treaty of Paris and 1957 Treaty of Rome. The original members of what
came to be known as the European Communities were the Inner Six: Belgium,
France, Italy, Luxembourg, the Netherlands, and West Germany. Through the Common Foreign and Security
Policy, the EU has developed a role in external relations and defense. The
union maintains permanent diplomatic missions throughout the world and
represents itself at the United Nations, the World Trade Organization, the G7
and the G20. Because of its global influence, the European Union has been
described as an emerging superpower.
Through successive
enlargements, the European Union has grown from the six founding states
(Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands) to the
current 28. Countries accede to the union by becoming party to the founding
treaties, thereby subjecting themselves to the privileges and obligations of EU
membership. This entails a partial delegation of sovereignty to the
institutions in return for representation within those institutions, a practice
often referred to as "pooling of sovereignty". To become a member, a
country must meet the Copenhagen criteria, defined at the 1993 meeting of the
European Council in Copenhagen. These require a stable democracy that respects
human rights and the rule of law; a functioning market economy; and the
acceptance of the obligations of membership, including EU law. Evaluation of a
country's fulfilment of the criteria is the responsibility of the European
Council. There are six countries that are recognized as candidates for
membership: Albania, Iceland, Macedonia, Montenegro, Serbia, and Turkey, though
Iceland suspended negotiations in 2013. Bosnia and Herzegovina and Kosovo are
officially recognized as potential candidates, with Bosnia and Herzegovina
having submitted a membership application. The four countries forming the
European Free Trade Association (EFTA) are not EU members but have partly
committed to the EU's economy and regulations: Iceland, Liechtenstein and
Norway, which are a part of the single market through the European Economic
Area, and Switzerland, which has similar ties through bilateral treaties. The
relationships of the European microstates, Andorra, Monaco, San Marino, and the
Vatican include the use of the euro and other areas of co-operation.The European Union (EU)
is a political and economic union of 28-member states that are located
primarily in Europe. It has an area of 4,475,757 km2 (1,728,099 sq. mi) and an
estimated population of over 510 million. The EU has developed an internal
single market through a standardized system of laws that apply in all member
states. EU policies aim to ensure the free movement of people, goods, services
and capital within the internal market, enact legislation in justice and home
affairs and maintain common policies on trade, agriculture, fisheries and
regional development. For travel within the Schengen Area, passport controls
have been abolished. A monetary union was established in 1999 and came into
full force in 2002 and is composed of 19 EU member states which use the euro
currency. The EU traces its origins to the European Coal and Steel Community
(ECSC) and the European Economic Community (EEC), established, respectively, by
the 1951 Treaty of Paris and 1957 Treaty of Rome. The original members of what
came to be known as the European Communities were the Inner Six: Belgium,
France, Italy, Luxembourg, the Netherlands, and West Germany. Through the Common Foreign and Security
Policy, the EU has developed a role in external relations and defense. The
union maintains permanent diplomatic missions throughout the world and
represents itself at the United Nations, the World Trade Organization, the G7
and the G20. Because of its global influence, the European Union has been
described as an emerging superpower.
Through successive
enlargements, the European Union has grown from the six founding states
(Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands) to the
current 28. Countries accede to the union by becoming party to the founding
treaties, thereby subjecting themselves to the privileges and obligations of EU
membership. This entails a partial delegation of sovereignty to the
institutions in return for representation within those institutions, a practice
often referred to as "pooling of sovereignty". To become a member, a
country must meet the Copenhagen criteria, defined at the 1993 meeting of the
European Council in Copenhagen. These require a stable democracy that respects
human rights and the rule of law; a functioning market economy; and the
acceptance of the obligations of membership, including EU law. Evaluation of a
country's fulfilment of the criteria is the responsibility of the European
Council. There are six countries that are recognized as candidates for
membership: Albania, Iceland, Macedonia, Montenegro, Serbia, and Turkey, though
Iceland suspended negotiations in 2013. Bosnia and Herzegovina and Kosovo are
officially recognized as potential candidates, with Bosnia and Herzegovina
having submitted a membership application. The four countries forming the
European Free Trade Association (EFTA) are not EU members but have partly
committed to the EU's economy and regulations: Iceland, Liechtenstein and
Norway, which are a part of the single market through the European Economic
Area, and Switzerland, which has similar ties through bilateral treaties. The
relationships of the European microstates, Andorra, Monaco, San Marino, and the
Vatican include the use of the euro and other areas of co-operation.
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