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European Union |
Also found in: Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.59 sec. |
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European Union (EU) An economic association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. It was known as the European Community until January 1, 1994 and currently comprises 15 European countries. Its goals are a single market for goods and services without any economic barriers, and a common currency with one monetary authority. European Union A supranational economic and political organization consisting of the majority of the countries in Europe. While it lacks the authority of a federal union, it provides a common market and free trade between members. Importantly, it created and operates the euro, which is one of the most important global currencies. See also: European Central Bank. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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For example, when the UK believed it paid excessive contributions to the then European Economic Union (EEC), Prime Minister Thatcher and President Mitterrand, the rotating EEC chair, negotiated a reduced assessment. the North American Conditional Mouse Mutagenesis Project (NorCOMM) in Canada and the European Conditional Mouse Mutagenesis Program (EUCOMM) funded by the European Economic Union. compliant GPS antenna, meeting the European Economic Union ( |
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