Exploring the European Union

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European Union (EU)

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Political and economic union of 27 European countries

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Founding Year

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1993

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Euro

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Currency used by 19 EU countries

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Schengen Area

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Zone with no border controls between 26 European countries

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European Commission

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EU's executive branch

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European Parliament

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Elected body representing EU citizens

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Treaty of Maastricht

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Established the EU in 1993

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EU Flag

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Blue with 12 gold stars

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Brexit

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UK's exit from the EU in 2020

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Single Market

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Free movement of goods, services, people, and capital