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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.
Although non-European states are not considered eligible to be members, they may enjoy varying degrees of integration with the EU, set out by international agreements. This currently includes the European Neighbourhood Policy , Union for the Mediterranean , and a variety of other European Union Association Agreements and EU free trade agreements .
Full EMU membership is only open to EU member states. However, the European microstates of Andorra, Monaco, San Marino and the Vatican City, which are not members of the EU, have signed monetary agreements with the EU which allow them officially to adopt the euro and issue their own variant of euro coins. These states had all previously used ...
European Union leaders acknowledged Friday that just as aspiring members must meet exacting criteria to join the bloc, the 27 member nations also must work hard to reform the EU to make sure it ...
The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. [9] [10] [11] The Union has a total area of 4,233,255 km 2 (1,634,469 sq mi) and an estimated total population of over 449 million.
The territories of the member states of the European Union (European Communities pre-1993), animated in order of accession. Territories outside Europe and its immediate surroundings are not shown. The European Union (EU) has expanded a number of times throughout its history by way of the accession of new member states to the Union.
There are three types of government systems in European politics: in a presidential system, the president is the head of state and the head of government; in a semi-presidential system, the president and the prime minister share a number of competences; finally, in a parliamentary republic, the president is a ceremonial figurehead who has few political competences.
Twenty EU member states, including most recently Croatia, have entered the third stage and have adopted the euro as their currency. Denmark, whose EU membership predates the introduction of the euro, has a legal opt-out from the EU Treaties and is thus not required to enter the third stage. [1] [2]