Directives have been developed to standardize Europe into a common market by removing the frontier fiscal barriers between member states. European Union (EU) An economic association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. The European Union was created on 1 November 1993, with the coming into force of the Maastricht Treaty. Abbr. European Union (EU), international organization comprising 27 European countries and governing common economic, social, and security policies. European Union - WordReference English dictionary, questions, discussion and forums. It was known as the European Community until January 1, 1994 and currently comprises 15 European countries. The EU was created by the Maastricht Treaty, which entered into force on November 1, 1993. Information and translations of European Union in the most comprehensive dictionary definitions resource on the web. Definition of European Union written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. Definition of European Union in the Definitions.net dictionary. What does European Union mean? The issue will now be dealt with on a proper, rational basis, with the timetable for the lifting of the ban dependent on our own efforts. That has enabled the restoration of normal business in the European Union. Meaning of European Union. In 2012, the European Union won a big award which is called ‘the Nobel Peace Prize’. The EU’s common currency is the euro. After the European Union was created, there were no more wars between the countries that are part of the European Union. It encompasses the old European Community (EC) together with two intergovernmental ‘pillars’ for dealing with foreign affairs and with immigration and justice. European Union - Official website of the European Union. Rule of Law: European Commission refers Poland to the European Court of Justice to protect independence of Polish … European Union synonyms, European Union pronunciation, European Union translation, English dictionary definition of European Union. All Free. Learn more about the EU … Thanks to the European Union, all countries in Europe work together in peace. This award was given to the European Union An antifascist resistance group active during Germany’s Nazi era The union of European countries into one single market established under the Treaty of Rome in 1957. (Formerly known as the European Community or EC.) Search European Union and thousands of other words in English definition and synonym dictionary from Reverso.