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Portal:European Union

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Introduction

  Welcome to the European Union Portal!

The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. The Union has a total area of 4,233,255 km2 (1,634,469 sq mi) and an estimated total population of over 449 million. The EU has often been described as a sui generis political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation.

Containing 5.8% of the world population in 2020, EU member states generated a nominal gross domestic product (GDP) of around US$16.6 trillion in 2022, constituting approximately one sixth of global nominal GDP. Additionally, all EU states except Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act as one. EU policies aim to ensure the free movement of people, goods, services and capital within the internal market; enact legislation in justice and home affairs; and maintain common policies on trade, agriculture, fisheries and regional development. Passport controls have been abolished for travel within the Schengen Area. The eurozone is a group composed of the 20 EU member states that have fully implemented the economic and monetary union and use the euro currency. Through the Common Foreign and Security Policy, the union has developed a role in external relations and defence. It maintains permanent diplomatic missions throughout the world and represents itself at the United Nations, the World Trade Organization, the G7 and the G20. Due to its global influence, the European Union has been described by some scholars as an emerging superpower.

In 2012, the EU was awarded the Nobel Peace Prize. The United Kingdom became the only member state to leave the EU, in 2020; ten countries are aspiring or negotiating to join it. (Full article...)

Selected article

The euro (currency sign: ; currency code: EUR) is the official currency of the European Union (EU). Nineteen member states have adopted it, known collectively as the Eurozone (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain). The currency is also used in five further countries with formal agreements and six other countries without such agreements. Hence it is the single currency for over 320 million Europeans. Including areas using currencies pegged to the euro, the euro directly affects close to 500 million people worldwide. With more than €610 billion in circulation as of December 2006 (equivalent to US$802 billion at the exchange rates at the time), the euro is the currency with the highest combined value of cash in circulation in the world, having surpassed the U.S. dollar (USD). Taking official estimates of 2007 GDP, the Eurozone is the largest economy in the world by March 2008 after the USD/EUR exchange rate surpassed 1.56.

The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes on 1 January 2002. It replaced the former European Currency Unit (ECU) at a ratio of 1:1. The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the Eurosystem (composed of the central banks of the euro zone countries). As an independent central bank, the ECB has sole authority to set monetary policy. The Eurosystem participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the Eurozone payment systems.

Selected picture

St Stephen's Green
St Stephen's Green is a city centre public park in Dublin, Ireland. The current landscape of the park was designed by William Sheppard. It was officially re-opened to the public in 1880. The park is adjacent to one of Dublin's main shopping streets, Grafton Street, and to a shopping centre named for it, while on its surrounding streets are the offices of a number of public bodies as well as a stop on one of Dublin's Luas tram lines. At 22 acres (89,000 m2), it is the largest of the parks in Dublin's main Georgian garden squares.

Did you know?

...that the President of Ireland, who serves as head of state, is elected for a seven year term and can be re-elected only once?

...that within the Eurozone the European Central Bank has the exclusive authority to set monetary policy?

Selected city

Budapest

Budapest is the capital city of Hungary and the country's principal political, cultural, commercial, industrial and transportation center. Budapest has approximately 1.7 million inhabitants, down from a mid-1980s peak of 2.1 million. Budapest became a single city occupying both banks of the river Danube with the amalgamation on 17 November 1873 of right-bank Buda together with Pest on the left bank. It is the ninth largest city in the European Union.

Budapest's recorded history begins with the Roman town of Aquincum, founded around AD 89 on the site of an earlier Celtic settlement near what was to become Óbuda, and from 106 until the end of the 4th century the capital of the province of lower Pannonia. The Hungarians led by Árpád settled in the territory at the end of the 9th century, and a century later officially founded the Kingdom of Hungary. Research places the probable residence of the Árpáds an early place of central power near what became Budapest. The Tatar invasion in the 13th century quickly proved that defence is difficult on a plain. King Béla IV of Hungary therefore ordered the construction of reinforced stone walls around the towns and set his own royal palace on the top of the protecting hills of Buda. In 1361 it became the capital of Hungary.

General images

The following are images from various European Union-related articles on Wikipedia.

Topics

 Members by political system
 European Parliament
 European Commission

 List of European Union member states by political system
 Sakharov Prize

 European Union Portal

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