EUROUPEAN UNION

Current issue faced by the European Union

Current issue faced by the European Union

The European Union emerged from the European coal and steel community after World War II, in 1950, by France, Italy, Germany, Netherlands, France & Luxembourg, for the revival of industries in their region, which were in staggering stage. On the practical side of theory, they had a vision that, this economic collaboration would bring an end to regions centuries' earlier history of internal disagreements. For this reason, European Economic Community, also known as Common market, created through treaty of Rome.

By 2007, European Union had half a billion ...