What is the meaning of European Union (EU)?

European Union (EU) is 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.

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APABarry Goldsmith. (2010). european union (eu). Retrieved September 28, 2026, from http://smartdefine.org/european_union_(eu)/definitions/1153256
ChicagoBarry Goldsmith. 2010. "european union (eu)" http://smartdefine.org/european_union_(eu)/definitions/1153256 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, european union (eu), Smart Define, viewed 28 September, 2026, <http://smartdefine.org/european_union_(eu)/definitions/1153256>.
MLABarry Goldsmith. "european union (eu)" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/european_union_(eu)/definitions/1153256>