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The European Union, commonly known as the EU, is a political and economic union of 27 member states located primarily in Europe. It was established in 1993 with the goal of promoting peace, stability, and economic prosperity among its members. The EU operates through a system of institutions and decision-making processes, including the European Parliament, the Council of the European Union, and the European Commission. Its main policies focus on prioritizing the free movement of people, goods, services, and capital, as well as promoting environmental, social, and economic goals. The EU has become a major global force, with a population of over 448 million and a GDP of over $18 trillion.
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