European Union (EU),
Definition of European Union (EU):
The EU grew out of a desire to form a single European political entity to end the centuries of warfare among European countries that culminated with World War II and decimated much of the continent. The European Single Market was established by 12 countries in 1993 to ensure the so-called four freedoms: the movement of goods, services, people, and money.
An alliance of European states that works together to address mutual concerns.
The European Union (EU) is a group of 28 countries that operates as a cohesive economic and political block. Nineteen of the countries use the euro as their official currency.
An economic and political association of certain European countries as a unit with internal free trade and common external tariffs.
How to use European Union (EU) in a sentence?
- The European Union (EU) consists of a group of countries that acts as one economic unit in the world economy.
- In a 2016 referendum, the U.K. voted to leave the EU. Though the terms of Brexit had been challenged many times, Jan 31, 2020 marked the official enactment of Britain leaving the EC.
- Its official currency is the euro; 19 of its 28 members have adopted the currency.
Meaning of European Union (EU) & European Union (EU) Definition