EU
EU is the acronym for European Union.
European Union
A political and economic union of 27 member states located primarily in Europe. The EU was established by the signing of the Maastricht Treaty on November 1, 1993, and officially came into existence on November 1, 1993.
The EU was formed with the aim of promoting peace, democracy, and economic prosperity in Europe through closer political and economic integration. The EU operates through a complex system of institutions and bodies, including the European Parliament, the Council of the European Union, the European Commission, and the European Court of Justice.
As of 2022, the 27 member states of the European Union are:
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
The EU is one of the largest economic and political entities in the world, with a combined population of over 447 million people and a GDP of over €15 trillion (as of 2021). The EU plays a significant role in shaping global policies on trade, climate change, and international relations.
- Abbreviation: EU