was established after the Second World War by Belgium, France, W. Germany, Luxembourg, Italy, the Netherlands when they formed the ECS in 1952 which became the European Economic Community in 1957 and the EU in 1992.
has 28 members of which 19 form the eurozone and use euro.
has seven main institutions: European Parliament, European Commission, European Council, Council of the EU, European Court of Auditors, European Central Bank and a single market which guarantees free movements of people, goods, services, money.
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