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History and Development of the EU

May 25, 2025

History of the European Union

Post-World War II Context

  • Post-War Europe: Desire for peace and cooperation among European countries.
  • Initial Discussions: Late 1940s ideas of a European Community began.

Formation of the First Union

  • 1951: Formation of a union between six countries:
    • Belgium
    • Netherlands
    • Luxembourg
    • Italy
    • France
    • West Germany
  • Purpose: Cooperation in coal and steel production to avoid future wars.

Creation of the European Economic Community (EEC)

  • 1957: Establishment of EEC to facilitate trade in goods beyond coal and steel.
  • Goals:
    • Promote ease of buying and selling goods.
    • Facilitate travel, living, and working across member countries.

Expansion and Membership

  • Growing Interest: Other countries sought to join the EEC.
  • Application Process: Existing members decide on new entrants.
    • UK Entry: Initially rejected twice, joined in 1973.

Enhancements to the EEC

  • 1986 Single European Act:
    • Signed by UK Prime Minister Margaret Thatcher.
    • Reduced trade barriers further.

Transformation into the European Union

  • 1993 Maastricht Treaty:
    • Renamed EEC to European Union (EU).
    • Increased cooperation in defense and justice.
    • Economic integration plans.

Introduction of the Euro

  • 2002 Launch:
    • Euro became the currency for 12 EU countries.
    • Exceptions: UK, Denmark, and Sweden retained their own currencies.

EU Enlargement

  • 2004 Enlargement: Largest expansion with 10 new countries joining.
  • Current Status: Nearly 30 member countries with ongoing debates over pros and cons of membership.

Challenges and Future Prospects

  • Ongoing Debate: Advantages and disadvantages of EU membership.
  • Future Challenges: Ensuring the EU functions effectively as it expands, benefiting its citizens.