European Union Definition
European Union
noun
a union of European nations created by treaty and put into effect in 1993 for the purpose of working gradually toward an economic and political unification of Europe by means of a unified monetary policy, a common currency, standardized laws of commerce and trade, etc.
European Union (EU) Finance Definition
The European Council makes the decisions to define and implement common foreign and security policy and coordinates the activities of member states, including police and judicial cooperation in criminal matters. The council is made up of the heads of the member-country governments and meets at least twice a year. The president of the council organizes meetings and works out compromises to resolve difficulties. The presidency rotates every six months.
Browse dictionary entries near European Union
- ‹ European Telecommunications Standards Institute
- ‹ European Telecommunications Network Operators' Association
- ‹ European-style option
- ‹ European Radio Message System
- ‹ European plan
- ‹ European Monetary Union
- ‹ European Economic Community
- ‹ European currency unit
- ‹ European Computer Manufacturers Association
- ‹ European Bank for Reconstruction and Development
- Europeanism ›
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