The **European Union** (**EU**) is a political and economic union of 27 [states](List_of_States "wikilink") that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km2 (1,634,469.0 sq mi) and an estimated total population of about 447 million. The EU has its own currency (the Euro), common market and [open borders](Open_Borders "wikilink"). ## History ### Timeline - 1951: The European Coal and Steel Community is formed, [France](France "wikilink"), [Italy](Italy "wikilink"), [West Germany](West_Germany "wikilink"), [Belgium](Belgium "wikilink"), the [Netherlands](Netherlands "wikilink") and [Luxembourg](Luxembourg "wikilink") are the first members. - 1973: The UK, Ireland and Denmark (including Greenland) all join the EU. - 1986: Spain and Portugal join the EU - 1990: German reunification ensures East Germany is now a part of the EU. - 1995: Sweden, Finland and Austria join the EU. - 2004: Poland, Hungary, Cyprus, Czechia, Slovakia, Slovenia, Estonia, Latvia and Lithuania join the EU. - 2007: Romania and Bulgaria join the EU. - 2013: Croatia joins the EU. - 2016: The Brexit referendum in the UK announces British intentions to the leave the EU. - 2020: The UK formally leaves the EU. ## Positives - The EU is the largest-scale example of open borders between nation-states and is largely successful. - No wars have broken out between EU member states since they have joined the EU. The continent that saw the [two biggest](World_War_I "wikilink") [wars](World_War_II "wikilink") in history soon became the most peaceful in the world. ## Negatives