European Union Wiki

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The European Union Wiki

we start with the basics


The European Union, also known by the abbreviation EU, is a collection of nations that from 1 January 2007 comprises 27 countries. The constituent treaty (Maastricht of 7 February 1992) it is the official date of birth.
Those Countries decided to work together to achieve better economic integration, under the assumption that the growth of international economic linkages would have been paralleled by wealth growth as well as an enduring, even everlasting, period of peace after the two World Wars that almost destroyed the whole european continent.
The European Union WikiA distinguishing factor of the European Union is the abolition of customs and the creation of a common market where goods, services and people could move freely. The citizens of the European Union in fact, can move and trade freely within the member countries. Another distinguisching factor is that at the economic level, the EU has various policies including not only trade and competition, but also agriculture, energy, regional development and social welfare, among the others.
In some fields the EU is similar to a federation of states (such as the U.S.); on the other hand, on a large number of policies it looks closer to a typical international organization like ONU or WTO.
In this European Union wiki, we will explain how the european institutions work, how the member states cooperate within the European Union framework, and how decisions are taken and implemented on a various number of policies.


The Member States

Members and applicants

Member States Here is a list of the Member States of the European Union, complete with the official date of entry into the Union: Austria (1995) Belgium (1952) Bulgaria (2007) Cyprus (2004) Czech Republic (2004) Denmark (1973) Estonia (2004) Finland (1995) France (1952) Germany (1952) Greece (1981) Hungary (2004) Ireland (1973) Italy (1952) Latvia (2004) Lithuania (2004) Luxemburg (1952) Malta (2004) Netherlands (1952) Poland (2004) Portugal (1986) Romania... Read More Written on 05/12/2011


European monetary union

Overview

The European Union agreed in the Maastricht Treaty in 1992 that one of the goals of their economic cooperation would have been the set up of a single currency. Therefore, they decided certain parameters to be followed to assure convergence in fiscal policy, as this convergence was seen the crucial element to ensure the success of such a currency. From 1992 onward, each member state that wanted to participate in this fundamental step forward economic integration had to follow those two... Read More Written on 30/11/2011