About the European Union

Briefly about the European Union

The EU consists of its member states — 27 countries that belong to the Union — and their citizens. A unique characteristic of the EU is that all those countries are sovereign, independent countries that joined parts of their “sovereignties” to attain power and advantages associated with magnitude. In practice, joining sovereignties means that the member states transfer a part of their decision-making competencies to common institutions they formed so that decisions on special issues of common interest could be made democratically at the EU level. Thus, the EU system is somewhere between a completely federal system that exists in the US, and the system of intergovernmental cooperation that exists in the United Nations.

The EU has seen significant progress since its foundation in 1950. It has created a single market of products and services that spreads across 27 member states with over 447 million citizens that can move freely and live wherever they want. It has created a single currency — Euro — which became one of the main world currencies, making the single market even more effective. The EU is the largest donor of development and humanitarian aid programs in the world. Those are only some of its achievements so far. The EU’s future plans include leading Europe out of the existing economic crisis. The EU is the leader in the fight against climate change and its consequences. Since its plan is to keep growing, it helps its neighbouring countries get prepared for the membership in the EU and builds a common foreign policy that will contribute to spreading European values in the world.

History of EU Treaties

In 1950, French Foreign Minister Robert Schuman proposed an integration of coal and steel industries of Western Europe and the following year his ideas were built into the Paris Treaty, creating the predecessor of the EU – the European Coal and Steel Community. Since then the EU regularly updated and expanded the treaties aimed at ensuring effective policies and decision-making:

Key events in the relationship between Bosnia-Herzegovina and the European Union:

The European Commission adopted its strategy for A credible enlargement perspective for and enhanced EU engagement with the Western Balkans, asserting the European future of the region as a geostrategic investment in the stable, strong and united Europe, based on common values. It sets forth priorities and areas that require enhanced mutual cooperation as well as special challenges that the Western Balkans faces, in particular the need for in-depth reforms and good neighbourly relations.

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