Portal:European Union

Introduction

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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...)

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Germany, officially the Federal Republic of Germany, is a country in Central Europe. It is bordered on the north by the North Sea, Denmark, and the Baltic Sea, on the east by Poland and the Czech Republic, on the south by Austria and Switzerland, and on the west by France, Luxembourg, Belgium and the Netherlands. Germany is a democratic parliamentary federal republic of 16 states. The country previously consisted of several sovereign states with their own history, culture, and religious affiliation. Germany was first unified as a nation-state amidst the Franco-Prussian War in 1871.

The Federal Republic of Germany is a member state of the United Nations, NATO, the G8 and the G4 nations, and is a founding member of the European Union. It has the largest population and largest economy of all European Union member states. Germany is both the world's third largest economy and its largest exporter of goods. Germany is facing major demographic change. Its fertility rate of 1.39 children per mother is one of the lowest in the world, and the federal statistics office estimates the population will shrink to approximately 75 million by 2050. Chemnitz is thought to be the city with the lowest birth rate in the world.

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Euro sign
Diagram credit: Erina
The euro sign (€) is the currency symbol used for the euro, the official currency of the eurozone and a few other European countries. The design was presented to the public by the European Commission on 12 December 1996, and consists of a stylized letter E (or epsilon) crossed by two lines instead of one. While the Commission intended the euro sign to be a prescribed glyph, type designers made it clear that they intended instead to adapt the design to be consistent with the typefaces to which the symbol was to be added. Euro banknotes and coins entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members. This diagram shows the construction of the euro sign as formally specified by the European Commission.

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?

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Budapest

Budapest is the capital city of Hungary and the country's principal political, cultural, commercial, industrial and transportation center. Budapest has approximately 1.7 million inhabitants, down from a mid-1980s peak of 2.1 million. Budapest became a single city occupying both banks of the river Danube with the amalgamation on 17 November 1873 of right-bank Buda together with Pest on the left bank. It is the ninth largest city in the European Union.

Budapest's recorded history begins with the Roman town of Aquincum, founded around AD 89 on the site of an earlier Celtic settlement near what was to become Óbuda, and from 106 until the end of the 4th century the capital of the province of lower Pannonia. The Hungarians led by Árpád settled in the territory at the end of the 9th century, and a century later officially founded the Kingdom of Hungary. Research places the probable residence of the Árpáds an early place of central power near what became Budapest. The Tatar invasion in the 13th century quickly proved that defence is difficult on a plain. King Béla IV of Hungary therefore ordered the construction of reinforced stone walls around the towns and set his own royal palace on the top of the protecting hills of Buda. In 1361 it became the capital of Hungary.

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