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The '''European Union (EU)''' is a legal and economic union of 27 European nations. It was formed in 1993 with the ratification of the [[Maastricht Treaty]], though its predecessor, the European Economic Community, was founded in 1957.
 
The '''European Union (EU)''' is a legal and economic union of 27 European nations. It was formed in 1993 with the ratification of the [[Maastricht Treaty]], though its predecessor, the European Economic Community, was founded in 1957.
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As an institution, the EU has more powers over its member states and their citizens than is the case with most international bodies; most of its member states also use a common [[currency]], the [[Euro]]. It is not, however, generally regarded as a federation or state in its own right. Rather, it stands somewhere between these two points.
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As an institution, the EU has more powers over its member states and their citizens than is the case with most international bodies; 13 of its member states also use a common [[currency]], the [[Euro]]. It is not, however, generally regarded as a federation or state in its own right. Rather, it stands somewhere between these two points.
    
The policies of the EU tend to be [[liberal]] by American standards, in keeping with the generally liberal political culture of European countries.
 
The policies of the EU tend to be [[liberal]] by American standards, in keeping with the generally liberal political culture of European countries.

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