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The EU has created a single currency, the Euro, and has built a single market for goods and services that spans European countries with more than 500million citizens. The opening of a border gate between Austria and Hungary at the Pan-European Picnic on August 19, 1989 then set in motion a peaceful chain reaction, at the end of which there was no longer a GDR and the Eastern Bloc had disintegrated. The anthem was adopted by the Council of Europe in 1972 and in 1985 it was adopted by EU leaders as the official anthem of the European Union. The union’s founding principles, known as the four freedoms, guarantee the free movement of people, goods, services and capital. Otto von Habsburg and Imre Pozsgay saw the event as an opportunity to test Mikhail Gorbachev`s reaction to an opening of the Iron Curtain. The result of the sixth Parliamentary election was a second victory for the European People's Party-European Democrats group. What is Article 50? Barroso was nominated by the Council for a second term and received backing from EPP who had declared him as their candidate before the elections. „Der 19. By strategically minimizing customs duties related to trade between the nations, this newly expanded organization, now known as the European Economic Community (EEC), allowed freer movement of people, … The Parliament refused to approve the Commission's 1996 community's budget on grounds of financial mismanagement, fraud and nepotism. It was a major component in completing the single market and came into force on 1 July 1987. On 10–13 June 2004, the 25 member states participated in the largest trans-national election in history (with the second largest democratic electorate in the world). On 30 March 1994, accession negotiations concluded with Austria, Sweden and Finland. The formation of the European Coal and Steel Community was advanced by American Secretary of State George C. Marshall. In 1981, Greece becomes the 10th member of the EU, and Spain and Portugal follow five years later. W. Phelan, Great Judgments of the European Court of Justice: Rethinking the Landmark Decisions of the Foundational Period (Cambridge, 2019), Miklós Németh in Interview, Austrian TV - ORF "Report", 25 June 2019. Donald Tusk is President of the European Council – a summit of leaders of EU member states – and MEP Martin Schulz is President of the European Parliament. Mario Dragi is European Central Bank President and Federica Mogherini is the EU’s foreign affairs chief, known as the High Representative. ", "The European Union and the Nobel Peace Prize: A Criteria-Based Assessment", "EUROPEAN COUNCIL DECISION of 11 July 2012 amending the status of Mayotte with regard to the European Union", "Labour leadership & Hammond in China – BBC News", An Outline of the Emergence of the European Union, Treaty on the Functioning of the European Union, Treaty establishing the European Defence Community, Treaty establishing the European Atomic Energy Community, Netherlands Antilles Association Convention, Treaty establishing the European Political Community, Treaty establishing a Constitution for Europe, Treaty Establishing the European Stability Mechanism, European Coal and Steel Community (1951–2002), European Economic Community (1958–1993/2009), Mechanism for Cooperation and Verification, Cities with more than 100,000 inhabitants, Largest cities by population within city limits,, Creative Commons Attribution-ShareAlike License, De Vries, Catherine E. "Don't Mention the War! The Eastern European countries of Bulgaria and Romania became EU members in 2007 and Croatia was the last country to join in 2013. With a wave of new enlargements on the way, the Maastricht Treaty was signed on 7 February 1992 which established the European Union when it came into force the following year. It allows them to be part of the EU’s single market. [38] The Nice Treaty was signed on 26 February 2001 and entered into force on 1 February 2003 which made the final preparations before the 2004 enlargement to 10 new members. Parliament's presidency was once again divided between the People's Party and the Socialists, with Jerzy Buzek elected as the first President of the European Parliament from an ex-communist country.

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