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European Union

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The European Union ("EU") originated in 1951 with 6 neighboring states and evolved to become a supranational organization of 27 countries. Currently, the population of the EU consists of approximately 500 million people.

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Contents

Overview

The European Union has 27 member countries and a population of close to half a billion. The member countries are: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and United Kingdom.[1]

The EU is committed to promoting a caring society, economic prosperity, and job creation by making companies more competitive and providing training for workers.[2]

Treaties and Laws

Since the EU is a conglomerate of nations, its rule of law consists of treaties voluntarily and democratically agreed upon. The primary treaties of the Union are as follows: Treaty of Lisbon, Treaty of Nice, Treaty of Amsterdam, Treaty on European Union, Single European Act, Merger Treaty, Treaty of Rome, and Treaty establishing the European Coal and Steel Community.[3]

Government

The EU's decision-making process and co-decision procedure involves three main institutions: the European Parliament, the Council of the European Union, and the European Commission.[4]

People

The EU population is the world's third largest after China and India with 495 million inhabitants. This population is spread unevenly across the continent.[5]

Those born in 1960 have a life expectancy until the age of 67 (men) and 73 (women). For children born in 2004 the figures are nearly 76 (men) and 82 (women).[6]

Economy

The EU has a GDP of $13.06 trillion US dollars and ranks first in the list of world economies.[7]

The Euro is the official currency of the EU.


References

  1. http://europa.eu/index_en.htm
  2. http://europa.eu/index_en.htm
  3. http://europa.eu/index_en.htm
  4. http://europa.eu/index_en.htm
  5. http://europa.eu/index_en.htm
  6. http://europa.eu/index_en.htm
  7. http://www.economywatch.com/world_economy/european-union/

External Links


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