Introduction
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![]() The eurozone, officially euro area, refers to a currency union among the European Union member states that have adopted the euro as their sole official currency. The Eurosystem, headed by the European Central Bank, is responsible for monetary policy within the Eurozone. The Eurozone has 19 members, with a further six states and territories using it as their sole currency. It circulates widely beyond that, and has started to serve as a reserve currency. Based on official estimates of 2007 GDP, the Eurozone is the largest economy in the world. Selected picturePhotograph: Myrabella The Hall of Mirrors is the central gallery of the Palace of Versailles in Versailles, France. Construction of the room began in 1678, lasting until 1684. It has since been used for various state functions, including the signing of the Treaty of Versailles in 1919.
Did you know?...that within the Eurozone the European Central Bank has the exclusive authority to set monetary policy? ...that Greenland and United Kingdom are the only countries to ever leave the European Union? Selected cityVilnius is the capital and largest city of Lithuania, with a population of 537,152 as of 2013. It is the capital of the Vilnius city municipality and of the Vilnius district municipality. It is also the county seat of Vilnius County. Vilnius is situated in southeastern Lithuania at the confluence of the Vilnia and Neris Rivers. It is believed that Vilnius, like many other cities, was named after a crossing river, Vilnia. Vilnius is a cosmopolitan city with diverse architecture. There are more than 40 churches in Vilnius. Some historians identify the city with Voruta, a legendary capital of Mindaugas who was crowned in 1253 as King of Lithuania. The city was first mentioned in written sources in 1323, in letters of Grand Duke Gediminas that were sent to German cities and invited German and Jewish community to settle in the capital city. In 1387, the city was granted city rights by Jogaila, one of Gediminas' successors. General imagesThe following are images from various European Union-related articles on Wikipedia.
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