European Union is unique economic and political by area a transcontinental (partnership?) union between 27 European countries among Europe that together cover much of the continent.
European Union (EU) was created in the aftermath of the Second World War. The first steps were to foster economic cooperation: the idea being that countries who trade with one another become economically interdependent and so more likely to avoid conflict. The result was the European Economic Community (EEC), created in 1958, and initially increasing economic cooperation between six countries: Belgium, Germany, France, Italy, Luxembourg and the Netherlands. Since then, a huge single market has been created and continues to develop towards its full potential.
Countries with their respective joining year of the European Union.
Czech Republic (2004)
United Kingdom (1973)
This page was last modified on 20 November 2020 at 05:57.
Total number of written articles in Encyclopedia: 817;
Baltic Legal[w] solely sponsorship.
Business encyclopedia© is a trademark of the Baltic Legal attorney, a profit legal enterprise.
Baltic Legal (law office): Contact Us
Author: Artis Zelmenis