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European Union

President of the European Olympic Committees Patrick Hickey talks during a press conference on the fight against doping, at the EU headquarters in Brussels on May 17, 2013.

Newsday's coverage

  • Glance: Europe's Key Institutions

    crisis -- and who should be involved.Here is a look at the key institutions involved in Europe's economic policymaking:--EUROPEAN UNIONAn economic and political partnership among 27 European countries. It has a combined population of half a billion people   Read more »

  • Global markets subdued, despite positive news

    hopes of an economic turnaround in the country. A day after the latest set of data showed that the eurozone -- the 17 European Union countries that use the euro -- was in its longest recession since the currency was launched in 1999, Japanese data impressed   Read more »

  • Cambodian shoe factory collapse kills 2, injures 7

    nearly doubled in four years to 45 in 2012, accounting for $268.66 million in exports, with further growth expected. The European Union, which allows Cambodian products duty-free and quota-free entry, represents almost half their market, with Japan the runner-up.   Read more »

  • Futures dip as France slips into recession

    Stock futures dipped Wednesday as another nation in Europe sank into recession and the economic contraction for the entire European Union stretched into its sixth straight quarter.With France's second consecutive quarter of shrinking gross domestic product,   Read more »

  • Arctic states open council to China, India, Korea

    rising superpowers China, India and Korea that seek to mine the region of its untapped energy and other natural resources. The European Union also was tentatively granted observer status to the eight-state council but must first address several questions about   Read more »

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About European Union

The European Union (EU) is an economic and political union of 27 member states, located primarily in Europe. It was established by the Treaty of Maastricht, which was signed in February 1992 and came into force in November 1993, on the foundations of the pre-existing European Economic Community. With almost 500 million citizens, the EU combined generates an estimated 30% share (US$16.8 trillion in 2007) of the world's nominal gross world product.

from Wikipedia

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