european union

The European Union is a political and economic union of 27 European states. Its origins can be traced back to the formation of the European Economic Community (EEC) in 1958, which included only 6 member states. The European Union as we know it today was created in 1993, when the Maastricht Treaty came into force. This treaty led to the creation of the official currency of the eurozone, namely the euro.

The Union has grown in size to 27 member states through the accession of new members. In order to join the European Union, states must meet the Copenhagen criteria, which were drafted in 1993 at the Copenhagen European Council. These criteria require that states preserve a democratic governance and respect human rights, have a functional market economy, as well as embrace their obligations toward the European Union.

You'll find bloggers talking about the European Union at sites like euobserver.com.

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Original Technorati articles tagged “european union”

• in Business
  Iran Oil Ban In Europe May Come Sooner
  Pending legislation in Iran calls for an immediate embargo on all all imports and exports of European goods, including oil.
  by stephengfm / on Jan 29, 2012
• in Business
  Downgrade Watch: S&P to EFSF
  Europe's plan for solvency flags under the credit agency scrutiny
  by stephengfm / on Dec 6, 2011
• in Politics
  Iran: Sanctions Equal Oil at $250 a Barrel
  West plays a global game of chicken with Iran
  by stephengfm / on Dec 6, 2011

Latest blogosphere posts tagged “european union”

 

• Greek Leaders Reach Austerity Deal

  
  Wall St. Cheat Sheet — Authority: 580
  Greece has reached an agreement with international lenders on a package of austerity measures, clearing the way for a swap to cut the nation’s debt and win its second bailout in two years. Hot Feature: Investors Wake Up to the Return of Dividends European Central Bank President Mario Draghi confirmed rumors on ...
  15 hours ago

• A Case Study In Austerity

  
  The Agonist - thoughtful, global, timely — Authority: 535
  Greece and her debt is back in the news , ahead of a possible default on bonds valued at 14.5 billion euros next month. Greece is asking for 130 billion euros to give it some stability going forward. The bone of contention is apparently pension reform. 300 million euros stand between Greece and 130 b illion euros. ...
  16 hours ago

• European Central Bank leaves interest rate unchanged

  
  top99news - breaking news from the world top newspapers — Authority: 166
  http://www.guardian.co.uk European Central Bank leaves interest rate unchanged Disappointment in struggling eurozone countries as ECB base rate stays at 1%The European Central Bank dismayed political leaders in the southern half of Europe after it left its benchmark interest rate unchanged at 1% for ...
  16 hours ago

• Ending Zeroing Practices in Antidumping Law: The Good and Bad – Part Two

  
  MetalMiner — Authority: 117
  Ostensibly, the good news in making moves to end zeroing practices for good (as we outlined in Part One of this post) is that our trading partners won’t be docking US exports with retaliatory fees, which makes the likes of the United Steel Workers (not to mention domestic steel producers exporting their products) ...
  17 hours ago

• Greece Responds To Troika Deal With Immediate Two Day Strike, Threatens With "Social Uprising"

  
  ZeroHedge — Authority: 798
  Even as the ECBs very own Mario Draghi is now peddling Greek deal rumors, which are essentially a reaffirmation that the country will "pledge" to return to GDP growth in 2013, we are already seeing real, not pledged, or promised, consequences of this deal, whether real or not (ignoring that Venizelos just said that it ...
  17 hours ago

• European Central Bank leaves interest rate unchanged

  
  The Guardian - guardian.co.uk — Authority: 962
  Disappointment in struggling eurozone countries as ECB base rate stays at 1% The European Central Bank dismayed political leaders in the southern half of Europe after it left its benchmark interest rate unchanged at 1% for another month. Politicians in Spain, France and Italy were hopeful that the ECB would cut ...
  17 hours ago

• Greek Deal reached – Bloomberg Flash | Insight Europe

  
  The Banking and Strategy Initiative — Authority: 125
  Talks of last minute brakes on the deal from Pension cuts were also scotched as Ft and Bloomber also await news of the deal reached in Athens a few minutes ago. The Euro making merry obviously, Gold and Silver probably come next as this is the most fragile financial balance you can get for the year. A look on ...
  17 hours ago

• March 20th

  
  The Ben Lomond Free Press — Authority: 418
  Could be the date of the Greek default . It will be postponed for a while if agreement can be reached on more austerity measures.
  17 hours ago

• EU-India trade rises by 20 percent

  
  Thaindian News — Authority: 533
  Brussels, Feb 9 (IANS) The 27-nation European Union’s trade in goods with India has risen by 20 percent. It had reached a peak in 2010 after a decline recorded in 2009 that interrupted a period of growth since 2001, EuAsiaNews has reported.The first 10 months of 2011 showed continued growth in EU trade [...]
  19 hours ago

• French criminal law on Armenian genocide denial

  
  IntLawGrrls — Authority: 122
  Legislation that criminalizes the denial of any genocide that is officially recognized by French law was approved by the French Senate at the end of last month. President Nicolas Sarkozy has said he will sign the bill. The main effect of this law is to make punishable any denial of the Armenian genocide of 1915. ...
  19 hours ago

• "Bringing Citizens back in: Is more Tax Justice and Transparency the Answer to Europe’s Problems?" by Alexander Kleibrink

  
  Social Europe Journal — Authority: 422
  We all have the feeling that the EU is distancing itself more and more from its citizens. Not only the recent spread of the ‘occupy’ movement to EU countries reflects this, but also prior...
  20 hours ago

• Greek Debt Story Rides High Again!

  
  Forex Trading TV Video Blog — Authority: 106
  In Greece, Prime Minister Lucas Papademos announced that his country has failed to unite all political parties to support the IMF and EU proposition for debt bailout package. The new austerity measures failed to be agred upon by a unanimous vote of his coalition.  After meeting senior officials from all three parties ...
  20 hours ago

• Abu Qatada extradition: even European believers want Cameron to call Strasbourgs bluff

  
  News Politics — Authority: 129
  If a believer is trying to convince an agnostic to have faith, the likelihood is that hell have more luck when something wonderful has happened; the birth of a child, an unexpected windfall. On the other hand, tragedy and heartache arent going to help the believers cause. Theres nothing much that is sexy about the ...
  20 hours ago

• Remember Zeroing? USTR Says It’s Out For Good – Part One

  
  MetalMiner — Authority: 117
  Remember zeroing? The controversial US practice in figuring antidumping violations that’s been frowned upon by the World Trade Organization (WTO), and has made trade enemies of certain US industries in the eyes of Japan, the European Union, and a host of other nations? Well, that practice has likely met its demise, ...
  20 hours ago

• "Minimum Wages in Europe: A Strategy against Wage-Dumping Policies?" by Lars Vande Keybus

  
  Social Europe Journal — Authority: 422
  In numerous countries such as Ireland, Greece, Portugal, Hungary, and others, the European Commission (EC) – in cooperation with the International Monetary Fund (IMF) and European Central Bank...
  21 hours ago

• Hindus-Buddhists-Jews-Atheists seek EU intervention in Hungary to restore religious equality

  
  movies, news, photos, gossip, videos - Searchandhra.com — Authority: 135
  In a remarkable joint interfaith gesture, Hindus-Buddhists-Jews-Atheists want immediate intervention of European Union (EU) in
  21 hours ago

• Quote of the Day

  
  IanPJ on Politics — Authority: 114
  Quote of the day comes from The Slog: I will say this one last time, and then give up: if somebody doesn’t rein in the banks, stop Berlin, and give the People of Europe back their democratic sovereignty within the next two years, we are going to see a Wind of Change that will make the First World War look like a ...
  21 hours ago

• Is Russia’s game in Syria worth playing?

  
  Foreign Affairs Journal — Authority: 118
  Syrian President Bashar al-Assad and Russias Sergei Lavrov. Source: RIA Novosti On February 7, Russia’s Foreign Minister Sergei Lavrov and Foreign Intelligence Service Director Mikhail Fradkov traveled to Damascus to help stabilize the situation in Syria by encouraging democratic reforms. The substance of ...
  22 hours ago

• EU could lose tax breaks for game developers, threatens talent exodus

  
  Joystiq — Authority: 761
  The European Union provides us a small-scale glimpse into the potential functions of a truly global society -- and more recently, a global society in crisis. The unified currency of the EU, the Euro, was on the brink of collapse recently and all of its member countries are still running damage control. Now, France in ...
  23 hours ago

• Greek impasse raise fears of Grexit

  
  The Guardian - guardian.co.uk — Authority: 962
  Citigroup has said the chances of Grexit – or a Greek exit from the eurozone – is now 50% Word of the day is Grexit. It has been coined by Willem Buiter, chief economist at Citigroup, which now sees a greater chance of a Grexit – or Greek exit from the eurozone. Against the backdrop of still to be concluded ...
  2 days ago

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