11 Facts About European Union

1. European Union is a supranational political and economic union of 27 member states that are located primarily in Europe.

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2. European Union was formally established when the Maastricht Treaty—whose main architects were Horst Kohler, Helmut Kohl and Francois Mitterrand—came into force on 1 November 1993.

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3. Main legal acts of the European Union come in three forms: regulations, directives, and decisions.

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4. Judicial branch of the European Union is formally called the Court of Justice of the European Union and consists of two courts: the Court of Justice and the General Court.

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5. The average annual net earnings in the European Union was around €24,000 in 2015.

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6. European Union is the largest exporter in the world and in 2008 was the largest importer of goods and services.

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7. The European Union represents all its members at the World Trade Organization, and acts on behalf of member states in any disputes.

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8. ECB is the central institution of the Banking European Union established within the eurozone and manages its Single Supervisory Mechanism.

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9. On 19 October 2020, the European Union revealed new plans to create a legal structure to act against human rights violations worldwide.

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10. Predecessors of the European Union were not devised as a military alliance because NATO was largely seen as appropriate and sufficient for defence purposes.

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11. Majority of media in the European Union are national-orientated, although some EU-wide media focusing on European affairs have emerged since the early 1990s, such as Euronews, Eurosport, EUobserver, EURACTIV or Politico Europe.

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