The European Union is a treaty-regulated voluntary association of currently 25 European democratic, rule-of-law nations. Following the Union’s enlargement in May 2004 with its 25 Member States, it is the world's largest internal market, a uniform economic area with almost 500 million inhabitants, a single currency and own political bodies. Yet Europe is more than the sum of these facts - an entity unlike any other in the world, founded after World War II to safeguard peace and prosperity in Europe, a continent that despite some setbacks is transforming into an ever closer community with shared political values.
More ...