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European Union | ORGANIZATION

 

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.

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France's Finance Minister Christine Lagarde talks to the media during a press conference at the European Union Council building in  Brussels, Thursday March 18, 2010.

France's Finance Minister Christine Lagarde talks to the media during a press conference at the European Union Council building in Brussels, Thursday March 18, 2010.

AP 

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

AFP 

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

AFP 

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

Greek Prime Minister Geórgios Andréas Papandréou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister Geórgios Andréas Papandréou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

Greek Prime Minister Geórgios Andréas Papandréou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister Geórgios Andréas Papandréou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

Greek Prime Minister Geórgios Andréas Papandréou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister Geórgios Andréas Papandréou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

King Abdullah II of Jordan (R) meets with President Luiz Inacio Lula da Silva at the Royal Palace in Amman on March 17, 2010. The Brazilian leader said after a meeting with Palestinian president Mahmud Abbas eaerlier today in the West Bank that his country is prepared to talk with the Islamic Hamas movement, listed by the European Union and the United States as a terror organisation.

King Abdullah II of Jordan (R) meets with President Luiz Inacio Lula da Silva at the Royal Palace in Amman on March 17, 2010. The Brazilian leader said after a meeting with Palestinian president Mahmud Abbas eaerlier today in the West Bank that his country is prepared to talk with the Islamic Hamas movement, listed by the European Union and the United States as a terror organisation.

AFP 

The owner (R) of a garage walks with police officers on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

The owner (R) of a garage walks with police officers on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

Police officers wait before entering in a garage on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

Police officers wait before entering in a garage on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

Police officers search in a garage on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

Police officers search in a garage on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

The owner (R) of a garage is escorted by police officers on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

The owner (R) of a garage is escorted by police officers on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

A spanish TV news anchor speaks before the camera on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

A spanish TV news anchor speaks before the camera on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

Photo taken on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, shows a car garage near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

Photo taken on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, shows a car garage near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

The owner (R) of a garage arrives escorted by police officers on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

The owner (R) of a garage arrives escorted by police officers on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

Photo taken on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, shows police vehicles near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

Photo taken on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, shows police vehicles near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

Photo taken on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, shows police vehicles near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

Photo taken on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, shows police vehicles near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

Police officers arrive in a garage on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

Police officers arrive in a garage on March 17, 2010 in Dammarie-les-Lys, a southeastern suburd of Paris, near the site where a policeman died in a shootout with Basque-speaking gunmen linked by Spanish media to the Basque armed separatist group ETA. The gunfight broke out near Dammarie-les-Lys, 50 kilometres (30 miles) southeast of the French capital, after a police patrol checked the identities of a group that had stolen cars from a garage. ETA, regarded as a terrorist group by both the European Union and the United States, is blamed for 828 deaths in its 41-year campaign for independence for the Basque region of northern Spain and southwestern France.

AFP 

France's Finance Minister Christine Lagarde talks to the media during a press conference at the European Union Council building in  Brussels, Thursday March 18, 2010.

France's Finance Minister Christine Lagarde talks to the media during a press conference at the European Union Council building in Brussels, Thursday March 18, 2010.

AP 

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

AFP 

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.

AFP 

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

Greek Prime Minister George Papandreou arrives to participate a public hearing on European economic governance and EU tools for economic and social recovery at the EU headquarters in Brussels on March 18, 2010 . The European Union accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.

AFP 

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