Portal:European Union

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Introduction

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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 448 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

€2 commemorative coins are special euro coins minted and issued by member states of the Eurozone since 2004 as legal tender. The coins typically commemorate the anniversaries of historical events or draw attention to current events of special importance. Eighteen variations of €2 commemorative coins have been minted. €2 commemorative coins have become collectibles.

The basis for the commemorative coins derived from a decision of the European Council, which repealed the prohibition of changing the national obverse sides of euro coins from 1 January 2004 onwards.

The face value of the coins, typically is less than their intrinsic value of between €3 and €12. The exceptions are San Marino and the Vatican City, where coins from the former are regularly sold for between €30 and €40, while coins from the latter are very rarely obtained for less than €100. Issued designs are made public in the Official Journal of the European Union.

Selected picture

Tartini Square, Piran, Slovenia
An aerial view of Tartini Square, the largest and main town square in Piran, Slovenia. It is named after violinist and composer Giuseppe Tartini, who was born in Piran. The square was once an inner dock for smaller vessels such as fishing boats, and was located outside of the first city walls. The dock was replaced by a formal town square in 1894.

Did you know?

...that Monaco, San Marino, and Vatican City all mint their own euro coins, with their own national symbols on the back, despite not being EU members?

...that Slovenia joined the Euro on January 1, 2007?

Selected city

Paris

Paris is the capital city of France. Situated on the banks of the river Seine in north-central France, it is also the capital of the Île-de-France région, which encompasses Paris and its suburbs. The City of Paris had an estimated mid-2004 population of 2,144,700. The Paris urban area, extending well beyond the city boundaries, has today an estimated population of 9.9 million. The Paris metropolitan area (including satellite towns) stood at 11.5 million in 1999.

It produces more than a quarter of France's wealth, with a GDP of €478.7 billion in 2005. With La Défense, one of the largest business districts in Europe, Paris also hosts the head offices of almost half of the major French companies. Paris is a leading global cultural, business and political centre and has a major international influence in fashion, gastronomy and the arts. It is widely regarded as one of the world's major global cities, with notably the headquarters of many international organisations such as UNESCO, the OECD, the ICC.

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