EU

An economic association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. It was known as the European Community until January 1, 1994 and currently comprises 15 European countries. Its goals are a single market for goods and services without any economic barriers, and a common currency with one monetary authority. Bloomberg Financial Dictionary
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European Union - an economic association of European countries founded by the Treaty of Rome in 1957 as a common market. It was known as the European Community ( EC) before 1993. The EU Member States are: Austria; Belgium; Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; Poland; Portugal; Slovakia; Slovenia; Spain; Sweden; The Netherlands and the United Kingdom. HM Customs & Revenue Glossary
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Political and economic grouping of European member states. Dresdner Kleinwort Wasserstein financial glossary

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EU EU ORGANIZATIONS
abbreviation for European Union:

• the member countries of the EU

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   European Union. The umbrella term introduced in the Maastricht Treaty to refer to the three-pillar construction in Europe of the European Community and two new areas of co-operation; common foreign and security policy, and justice and home affairs. It has taken over in common usage to refer to the Community in all its aspects.
   ■ http://europa.eu.int

Financial and business terms. 2012.

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