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The EU is represented by the President of the European Council, the High Representative of the Union for Foreign Affairs and Security Policy, the European Commission and the EU delegations. [3] European Council President Herman Van Rompuy made the EU's inaugural speech to the general assembly on 22 September 2011.
The commission was first proposed in London in the summer of 1946 by the Temporary Subcommission on the Reconstruction of Devastated Areas. [2]The commission was established by the Economic and Social Council on 28 March 1947 in order to "Initiate and participate in measures for facilitating concerted action for the economic reconstruction of Europe," as well as to "maintain and strengthen the ...
The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. [9] [10] [11] The union has a total area of 4,233,255 km 2 (1,634,469 sq mi) and an estimated total population of over 449 million.
The EU has a long-term budget, named Multiannual Financial Framework (MFF), of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. [62]The overall budget for the period 2021-2027 is of €1.8 trillion combining the MFF of €1,074.3 billion with an extraordinary recovery fund of €750 billion, known as Next Generation EU, to support member states hit by the ...
The EU's foreign relations are dealt with either through the Common Foreign and Security Policy decided by the European Council, or the economic trade negotiations handled by the European Commission. The leading EU diplomat in both areas is the High Representative Kaja Kallas .
A first concrete attempt to create an economic and monetary union between the members of the European Communities goes back to an initiative by the European Commission in 1969, which set out the need for "greater co-ordination of economic policies and monetary cooperation," [7] which was followed by the decision of the Heads of State or ...
The Economic and Financial Committee (EFC) is a European Union advisory body, defined by the article 134 of the Treaty on the Functioning of the European Union. Its president is also the president of the Eurogroup Working Group , which prepares dossiers for approval by the Eurogroup , whose decisions are generally ratified by ECOFIN .
The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. The union has a total area of 4,233,255 km 2 (1,634,469 sq mi) and an estimated total population of over 449 million.