European Union

The European Union (EU) is a political and economic union of member states located primarily in Europe. It was established to promote integration among its members and to facilitate cooperation in various areas such as trade, security, and environmental policy. The EU has its roots in the aftermath of World War II, aiming to foster economic cooperation and prevent conflict between nations through shared governance and regulation.

The EU consists of 27 member countries (as of 2023) that have chosen to work together under common institutions that allow for joint decision-making and policy implementation. Key features of the EU include the single market, which enables free movement of goods, services, people, and capital among member states, and the Eurozone, where a group of members use the euro as their common currency.

The EU also engages in foreign policy and is involved in various international agreements. Institutions of the EU include the European Commission, the European Parliament, and the Council of the European Union, which work together to make and enforce laws that affect member states. The EU is characterized by its commitment to democracy, human rights, and the rule of law among its foundational principles.