WORLD HISTORY

Detailed explanation-1: -European Union (EU), international organization comprising 27 European countries and governing common economic, social, and security policies. Originally confined to western Europe, the EU undertook a robust expansion into central and eastern Europe in the early 21st century.

Detailed explanation-2: -European foreign and security policy preserve peace. strengthen international security. promote international cooperation. develop and consolidate democracy, the rule of law and respect for human rights & fundamental freedoms.

Detailed explanation-3: -The European Union is partly an intergovernmental organization and partly a supranational organization.

Detailed explanation-4: -The Economic and Monetary Union (EMU) represents a major step in the integration of EU economies. Launched in 1992, EMU involves the coordination of economic and fiscal policies, a common monetary policy, and a common currency, the euro.