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European Union (EU)

International organization

About

The European Union (EU) is a unique economic and political union of 27 European countries, aiming to promote peace, stability, and economic integration. It was established to foster cooperation among member states, ensuring that countries interdependent through trade are less likely to engage in conflict. The EU's history began with the European Economic Community in 1958, involving six initial members: Belgium, France, Germany, Italy, Luxembourg, and the Netherlands. Over time, it has evolved into a complex entity with a single market, allowing the free movement of goods, services, people, and money. The EU operates through several key institutions: the European Parliament, European Council, Council of the European Union, and European Commission. These bodies work together to make decisions, propose laws, and implement policies across various areas, including climate, environment, justice, and foreign policy. The EU also promotes values such as human dignity, freedom, democracy, equality, and the rule of law. It has established the euro as a common currency for many member states and facilitates passport-free travel within the Schengen Area. The EU's goals include achieving sustainable development, protecting the environment, and promoting social justice and cohesion among its member states.