The European Union is a politico-economic union with 28 member states. It started in 1957 as the European Economic Community and created a common economic area so member countries could trade with each other as if they were one country.
The objective of the EU is to bring its member states closer together with respect of human rights and democracy. It does this with a common style of passport, common rules about fair trading with each other, common agreements about law enforcement, and other agreements. Most members share a common currency (the euro) and most allow people to travel from one country to another without having to show a passport.
The EU budget is currently around €150 billion a year. It does not currently have an organised military, as 22 of its members are also part of NATO.
Members Of The EU[]
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Diplomacy and Events[]
- Canada is supplying EU countries with oil