The 2010 CIA World Factbook. United States. Central Intelligence Agency
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The ECSC was so successful that within a few years the decision was made to integrate other parts of the countries' economies. In 1957, the Treaties of Rome created the European Economic Community (EEC) and the European Atomic Energy Community (Euratom), and the six member states undertook to eliminate trade barriers among themselves by forming a common market. In 1967, the institutions of all three communities were formally merged into the European Community (EC), creating a single Commission, a single Council of Ministers, and the European Parliament. Members of the European Parliament were initially selected by national parliaments, but in 1979 the first direct elections were undertaken and they have been held every five years since.
In 1973, the first enlargement of the EC took place with the addition of Denmark, Ireland, and the United Kingdom. The 1980s saw further membership expansion with Greece joining in 1981 and Spain and Portugal in 1986. The 1992 Treaty of Maastricht laid the basis for further forms of cooperation in foreign and defense policy, in judicial and internal affairs, and in the creation of an economic and monetary union - including a common currency. This further integration created the European Union (EU). In 1995, Austria, Finland, and Sweden joined the EU, raising the membership total to 15.
A new currency, the euro, was launched in world money markets on 1 January 1999; it became the unit of exchange for all of the EU states except the United Kingdom, Sweden, and Denmark. In 2002, citizens of the 12 euro-area countries (the European Monetary Union or EMU) began using the euro banknotes and coins. Ten new countries joined the EU in 2004 - Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia - and in 2007 Bulgaria and Romania joined, bringing the current membership to 27. In order to ensure that the EU can continue to function efficiently with an expanded membership, the Treaty of Nice (in force as of 1 February 2003) set forth rules streamlining the size and procedures of EU institutions. An effort to establish an EU constitution, begun in October 2004, failed to attain unanimous ratification. A new effort, undertaken in June 2007, created an Intergovernmental Conference to formulate a political agreement - initially known as the Reform Treaty but subsequently referred to as the Treaty of Lisbon - which would serve as a constitution. Unlike the constitution, however, the Treaty of Lisbon sought to amend existing treaties rather than replace them. In October 2009, an Irish referendum approved the Treaty (overturning a previous rejection) and cleared the way for an ultimate unanimous endorsement - the Czech Republic signed on soon after. Treaty implementation began on 1 December 2009. In 2010, the prospect of a Greek default on its euro-denominated debt created severe strains within the EMU and raised the question of whether a member country might be removed.
Geography ::European Union
Location:
Europe between the North Atlantic Ocean in the west and Russia,
Belarus, and Ukraine to the east
Map references:
Europe
Area:
total: 4,324,782 sq km
Area - comparative:
less than one-half the size of the US
Land boundaries:
total: 12,440.8 km
border countries: Albania 282 km, Andorra 120.3 km, Belarus 1,050 km, Croatia 999 km, Holy See 3.2 km, Liechtenstein 34.9 km, Macedonia 394 km, Moldova 450 km, Monaco 4.4 km, Norway 2,348 km, Russia 2,257 km, San Marino 39 km, Serbia 945 km, Switzerland 1,811 km, Turkey 446 km, Ukraine 1,257 km
note: data for European Continent only
Coastline:
65,992.9 km
Maritime claims:
NA
Climate:
cold temperate; potentially subarctic in the north to temperate; mild wet winters; hot dry summers in the south
Terrain:
fairly flat along the Baltic and Atlantic coast; mountainous in the central and southern areas
Elevation extremes:
lowest point: Lammefjord, Denmark −7 m; Zuidplaspolder, Netherlands −7 m
highest point: Mont Blanc 4,807 m; note - situated on the border between France and Italy
Natural resources:
iron ore, natural gas, petroleum, coal, copper, lead, zinc, bauxite, uranium, potash, salt, hydropower, arable land, timber, fish
Land use:
arable land: NA
permanent crops: NA
other: NA
Irrigated land:
168,050 sq km (2003 est.)
Natural hazards:
flooding along coasts; avalanches in mountainous area; earthquakes in the south; volcanic eruptions in Italy; periodic droughts in Spain; ice floes in the Baltic
Environment - current issues:
NA
Environment - international agreements:
party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air
Pollution-Persistent Organic Pollutants, Air Pollution-Sulphur 94,
Antarctic-Marine Living Resources, Biodiversity, Climate Change,
Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes,
Law of the Sea, Ozone Layer Protection, Tropical Timber 83, Tropical
Timber 94
signed but not ratified: Air Pollution-Volatile Organic Compounds
People ::European Union
Population:
492,387,344 (July 2010 est.)
Age structure:
0–14 years: 15.44% (male 38,992,677/female 36,940,450)
15–64 years: 67.23% (male 166,412,403/female 164,295,636)
65 years and over: 17.33% (male 35,376,333/female 49,853,361) (2009 est.)