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In contrast to other EU bodies established through secondary legislation, each of more than fifty such entities has its own juridical personality granted by the EU law, recognised across the EU, and in some cases, also across the EEA countries, Switzerland, Serbia, Ukraine, the United Kingdom and Turkey. Nevertheless, in relations with other ...
other bodies of the EU established through primary (treaty) legislation, either as international law bodies (the European Investment Bank Group entities, the European University Institute, the European Stability Mechanism and the Unified Patent Court) or as bodies without juridical personality (the European Ombudsman, the advisory bodies to the ...
The EU's institution bears a resemblance to the Swiss government. While the EU's system of governance is largely unique, elements can be compared to other models. One general observation on the nature of the distribution of powers would be that the EU resembles the federalism of Germany. There, powers are predominantly shared (states can ...
The EU has often been described as a sui generis political entity combining the characteristics of both a federation and a confederation. [ 12 ] [ 13 ] Containing 5.8% of the world population in 2020, [ c ] EU member states generated a nominal gross domestic product (GDP) of around US$16.6 trillion in 2022, constituting approximately one sixth ...
Over the years, Brussels has become the EU's political hub, with the College of the Commissioners – the European Commission's politically accountable executive – and the European Council both meeting at their Brussels-based headquarters, and the European Parliament and Council of the EU holding the majority of their meetings annually within ...
Debate on European unity is often vague as to the boundaries of 'Europe'. The word 'Europe' is widely used as a synonym for the European Union, although most of the European continent's geographical area is not in the EU, and some of the EU is outside of Europe (e.g. French Guiana). Most of Europe's people do, however, live in the EU.
The special territories of EU member states are categorised under three headings: nine Outermost Regions (OMR) that form part of the European Union, though they benefit from derogations from some EU laws due to their geographical remoteness from mainland Europe; thirteen Overseas Countries and Territories (OCT) that do not form part of the ...
For further information on the types of business entities in this union and their abbreviations, see "Business entities in the European Union". Volkswagen is the largest company in European Union and the largest car manufacturer in the world by revenue. [1] [2] Volkswagen AG headquarters in Wolfsburg, Germany.