The document provides an overview of the European Union (EU) in 3 paragraphs:
1) The EU is an economic and political union of 27 member states located primarily in Europe, forming the largest regional economic body in the world and most open market for developing countries. Key symbols of the EU include the flag and anthem.
2) The EU was formed in 1957 with 6 founding members through the Treaty of Rome, which established free movement of goods, capital and labor within the union.
3) Over the past 50+ years, the EU has brought peace and prosperity to Europe through cooperation and economic integration between members, including the establishment of a single market and common currency adopted by 15 members.
17. The €uro In 1999, the euro area was established as a currency in eleven of the then fifteen EU Member States. Of the 27 EU Member States today, fifteen have adopted the euro. One of the striking benefits of a single European currency are low interest rates due to a high degree of price stability. The euro is as stable and credible as the best-performing currencies previously used in the euro area countries. € € € €
19. How does the EU spend its money? Natural resources: agriculture, environment 41% The EU as a global player: including development aid 6% Citizens, freedom, Security and justice 1% Other, administration 6% Sustainable growth: jobs, competitiveness, regional development 46% 2011 EU budget: € 141.9 Billion
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23. The EU is a global player. Its soft power promotes stability, prosperity, democracy and human rights, delivers concrete results in the fight to eradicate poverty, and in achieving sustainable development. UN Secretary General Ban Ki-moon , High Representative for the Common Foreign and Security Policy Javier Solana , and EU Commissioner Benita Ferrero-Waldner The EU in the World
