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European Union |
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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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| ? Mentioned in | ? References in periodicals archive | ||
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| June North America 671 630 Latin America 279 265 European Union 689 634 Other Europe 113 109 Africa 63 59 Asia/Oceania 2,712 2,783 Total 4,526 4,481 Synthetic rubber production ('000 mt) 2005 2006 Jan. The European Union is seeking to reverse Europe's widening girth and promote physical fitness at a time when the number of overweight children in the EU is rising by 400,000 a year. One possible effect, he said, would be to suggest the attractiveness of the European Union as a place in which reinsurers from other regions might write business. |
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