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170-719: The European Insurance and Occupational Pensions Authority ( EIOPA ) is a European Union financial regulatory agency. It was established in 2011 under Regulation (EU) No 1094/2010. EIOPA is one of the three European Supervisory Authorities responsible for microprudential oversight at the European Union level within the European System of Financial Supervision , together with the European Banking Authority (EBA) and European Securities and Markets Authority (ESMA). The initial precursor of EIOPA

340-812: A customs union . They also signed another pact creating the European Atomic Energy Community (Euratom) for cooperation in developing nuclear power. Both treaties came into force in 1958. Although the EEC and Euratom were created separately from the ECSC, they shared the same courts and the Common Assembly. The EEC was headed by Walter Hallstein ( Hallstein Commission ) and Euratom was headed by Louis Armand ( Armand Commission ) and then Étienne Hirsch ( Hirsch Commission ). The OEEC

510-669: A proposal that linked funding with adherence to the rule of law . The budget included a COVID-19 recovery fund of €750   billion. The budget may still be approved if Hungary and Poland withdraw their vetoes after further negotiations in the council and the European Council . Bodies combatting fraud have also been established, including the European Anti-fraud Office and the European Public Prosecutor's Office . The latter

680-489: A temperate climate , tempering winters and summers, on much of the continent. Further from the sea, seasonal differences are more noticeable producing more continental climates . European culture consists of a range of national and regional cultures, which form the central roots of the wider Western civilisation , and together commonly reference ancient Greece and ancient Rome , particularly through their Christian successors , as crucial and shared roots. Beginning with

850-529: A " collective head of state " and ratifies important documents (for example, international agreements and treaties). Tasks for the president of the European Council are ensuring the external representation of the EU, driving consensus and resolving divergences among member states, both during meetings of the European Council and over the periods between them. The European Council should not be mistaken for

1020-871: A German naturalist, Peter Simon Pallas , as a valley that once connected the Black Sea and the Caspian Sea, and subsequently was proposed as a natural boundary between continents. By the mid-19th century, there were three main conventions, one following the Don, the Volga–Don Canal and the Volga, the other following the Kuma–Manych Depression to the Caspian and then the Ural River, and the third abandoning

1190-527: A Level-3 Committee of the European Union under the Lamfalussy process , was established in 2004 under the terms of European Commission 's Decision 2004/6/EC of 5 November 2003, later repealed and replaced by Decision 2009/79/EC. It was composed of high level representatives from the insurance and occupational pensions supervisory authorities of the European Union's Member States. The authorities of

1360-643: A Semitic term for west , this being either Akkadian erebu meaning 'to go down, set' (said of the sun) or Phoenician 'ereb 'evening, west', which is at the origin of Arabic maghreb and Hebrew ma'arav . Martin Litchfield West stated that "phonologically, the match between Europa's name and any form of the Semitic word is very poor", while Beekes considers a connection to Semitic languages improbable. Most major world languages use words derived from Eurṓpē or Europa to refer to

1530-818: A boundary along the Terek and Kuban rivers, so southwards from the Kuma and the Manych, but still with the Caucasus entirely in Asia. However, most geographers in the Soviet Union favoured the boundary along the Caucasus crest, and this became the common convention in the later 20th century, although the Kuma–Manych boundary remained in use in some 20th-century maps. Some view the separation of Eurasia into Asia and Europe as

1700-534: A common currency, the euro , and participate in the European single market and a customs union . A large bloc of countries, the Schengen Area , have also abolished internal border and immigration controls. Regular popular elections take place every five years within the EU; they are considered to be the second-largest democratic elections in the world after India's . The EU is the third-largest economy in

1870-425: A hybrid system of supranational and intergovernmental decision-making, and according to the principle of conferral (which says that it should act only within the limits of the competences conferred on it by the treaties ) and of subsidiarity (which says that it should act only where an objective cannot be sufficiently achieved by the member states acting alone). Laws made by the EU institutions are passed in

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2040-406: A large land mass completely or almost completely surrounded by water at its borders. Prior to the adoption of the current convention that includes mountain divides, the border between Europe and Asia had been redefined several times since its first conception in classical antiquity , but always as a series of rivers, seas and straits that were believed to extend an unknown distance east and north from

2210-763: A precise eastern boundary of Europe arises in the Early Modern period, as the eastern extension of Muscovy began to include North Asia . Throughout the Middle Ages and into the 18th century, the traditional division of the landmass of Eurasia into two continents, Europe and Asia, followed Ptolemy, with the boundary following the Turkish Straits , the Black Sea , the Kerch Strait , the Sea of Azov and

2380-537: A reaction to World War I and its aftermath. In this light the first advances for the idea of European integration were made. In 1920 John Maynard Keynes proposed a European customs union for the struggling post-war European economies, and in 1923 the oldest organisation for European integration, the Paneuropean Union was founded, led by Richard von Coudenhove-Kalergi , who later would found in June 1947

2550-711: A residue of Eurocentrism : "In physical, cultural and historical diversity, China and India are comparable to the entire European landmass, not to a single European country. [...]." During the 2.5 million years of the Pleistocene , numerous cold phases called glacials ( Quaternary ice age ), or significant advances of continental ice sheets, in Europe and North America, occurred at intervals of approximately 40,000 to 100,000 years. The long glacial periods were separated by more temperate and shorter interglacials which lasted about 10,000–15,000 years. The last cold episode of

2720-685: A result, the Reconquista took the greater part of eight hundred years, in which period a long list of Alfonsos, Sanchos, Ordoños, Ramiros, Fernandos, and Bermudos would be fighting their Christian rivals as much as the Muslim invaders. During the Dark Ages, the Western Roman Empire fell under the control of various tribes. The Germanic and Slav tribes established their domains over Western and Eastern Europe, respectively. Eventually

2890-598: A right of unilateral withdrawal under Article 50 of the Treaty on European Union. In addition, the principle of subsidiarity requires that only those matters that need to be determined collectively are so determined. Under the principle of supremacy , national courts are required to enforce the treaties that their member states have ratified, even if doing so requires them to ignore conflicting national law, and (within limits) even constitutional provisions. The direct effect and supremacy doctrines were not explicitly set out in

3060-668: A set number of seats and is divided into sub-national constituencies where this does not affect the proportional nature of the voting system. In the ordinary legislative procedure , the European Commission proposes legislation, which requires the joint approval of the European Parliament and the Council of the European Union to pass. This process applies to nearly all areas, including the EU budget . The parliament

3230-894: A threat, in reality the actual concern was for the Soviet Union. A few days later came the announcement of the Truman Doctrine which pledged American support for democracies to counter the Soviets. Immediately following the February 1948 coup d'état by the Communist Party of Czechoslovakia , the London Six-Power Conference was held, resulting in the Soviet boycott of the Allied Control Council and its incapacitation, an event marking

3400-497: A variety of forms. Generally speaking, they can be classified into two groups: those which come into force without the necessity for national implementation measures (regulations) and those which specifically require national implementation measures (directives). EU policy is in general promulgated by EU directives , which are then implemented in the domestic legislation of its member states , and EU regulations , which are immediately enforceable in all member states. Lobbying at

3570-545: Is a European Commission economic recovery package to support the EU member states to recover from the COVID-19 pandemic , in particular those that have been particularly hard hit. It is sometimes styled NextGenerationEU and Next Gen EU , and also called the European Union Recovery Instrument . Agreed in principle by the European Council on 21 July 2020 and adopted on 14 December 2020,

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3740-425: Is a supranational political and economic union of 27 member states that are located primarily in Europe. The Union has a total area of 4,233,255 km (1,634,469 sq mi) and an estimated total population of over 449   million. The EU has often been described as a sui generis political entity combining the characteristics of both a federation and a confederation . Containing 5.8% of

3910-646: Is a decentralized independent body of the European Union (EU), established under the Treaty of Lisbon between 22 of the 27 states of the EU following the method of enhanced cooperation . The European Public Prosecutor's Office investigate and prosecute fraud against the budget of the European Union and other crimes against the EU's financial interests including fraud concerning EU funds of over €10,000 and cross-border VAT fraud cases involving damages above €10 million. Member states retain in principle all powers except those that they have agreed collectively to delegate to

4080-401: Is also evidence that Homo sapiens arrived in Europe around 54,000 years ago, some 10,000 years earlier than previously thought. The earliest sites in Europe dated 48,000 years ago are Riparo Mochi (Italy), Geissenklösterle (Germany) and Isturitz (France). The European Neolithic period—marked by the cultivation of crops and the raising of livestock, increased numbers of settlements and

4250-640: Is based in Kirchberg, Luxembourg City alongside the Court of Justice of the European Union and the European Court of Auditors. Constitutionally, the EU bears some resemblance to both a confederation and a federation , but has not formally defined itself as either. (It does not have a formal constitution: its status is defined by the Treaty of European Union and the Treaty on the Functioning of

4420-488: Is closest to Anatolia (or Asia Minor), but is considered part of Europe politically and it is a member state of the EU. Malta was considered an island of North-western Africa for centuries, but now it is considered to be part of Europe as well. "Europe", as used specifically in British English , may also refer to Continental Europe exclusively. The term "continent" usually implies the physical geography of

4590-756: Is commonly considered to be separated from Asia by the watershed of the Ural Mountains , the Ural River , the Caspian Sea , the Greater Caucasus , the Black Sea , and the waterway of the Bosporus Strait . Europe covers about 10.18 million km (3.93 million sq mi), or 2% of Earth's surface (6.8% of land area), making it the second-smallest continent (using the seven-continent model ). Politically, Europe

4760-478: Is divided into about fifty sovereign states , of which Russia is the largest and most populous , spanning 39% of the continent and comprising 15% of its population. Europe had a total population of about 745 million (about 10% of the world population ) in 2021; the third-largest after Asia and Africa. The European climate is affected by warm Atlantic currents, such as the Gulf Stream , which produce

4930-562: Is generally considered a transcontinental country divided entirely by water, while Russia and Kazakhstan are only partly divided by waterways. France, the Netherlands, Portugal and Spain are also transcontinental (or more properly, intercontinental, when oceans or large seas are involved) in that their main land areas are in Europe while pockets of their territories are located on other continents separated from Europe by large bodies of water. Spain, for example, has territories south of

5100-467: Is inconsistent with EU law. It is not possible to appeal against the decisions of national courts in the CJEU, but rather national courts refer questions of EU law to the CJEU. However, it is ultimately for the national court to apply the resulting interpretation to the facts of any given case. Although, only courts of final appeal are bound to refer a question of EU law when one is addressed. The treaties give

5270-598: Is organised as a directorial system , where the executive power is jointly exercised by several people. The executive branch consists of the European Council and European Commission. The European Council sets the broad political direction of the Union. It convenes at least four times a year and comprises the president of the European Council (presently Charles Michel ), the president of the European Commission and one representative per member state (either its head of state or head of government ). The high representative of

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5440-550: Is sometimes considered to mark the end of antiquity; alternatively antiquity is considered to end with the fall of the Western Roman Empire in 476 CE; the closure of the pagan Platonic Academy of Athens in 529 CE; or the rise of Islam in the early 7th century CE. During most of its existence, the Byzantine Empire was one of the most powerful economic, cultural, and military forces in Europe. During

5610-422: Is somewhat arbitrary and inconsistent compared to any clear-cut definition of the term "continent". The current division of Eurasia into two continents now reflects East-West cultural, linguistic and ethnic differences which vary on a spectrum rather than with a sharp dividing line. The geographic border between Europe and Asia does not follow any state boundaries and now only follows a few bodies of water. Turkey

5780-817: Is still in the place of its predecessor, Frankfurt. EIOPA is accountable to the European Parliament and the council, like its two other peers, ESMA and the EBA. The voting members of the EIOPA Board of Supervisors are representatives from the national competent authorities of EU member states, plus since reform in 2019 the EIOPA Chair. Additional authorities represented in the Board of Supervisors as of 2024, but without voting rights, include: European Union in Europe  (dark grey) The European Union ( EU )

5950-512: Is the final body to approve or reject the proposed membership of the commission, and can attempt motions of censure on the commission by appeal to the Court of Justice . The president of the European Parliament carries out the role of speaker in Parliament and represents it externally. The president and vice-presidents are elected by MEPs every two and a half years. The judicial branch of

6120-485: Is then able to recruit staff from among the pool of candidates selected by EPSO. On average, EPSO receives around 60,000–70,000 applications a year with around 1,500–2,000 candidates recruited by the European Union institutions. The European Ombudsman is the ombudsman branch of the European Union that holds the institutions, bodies and agencies of the EU to account, and promotes good administration. The Ombudsman helps people, businesses and organisations facing problems with

6290-737: The Bretton Woods System (1944). In 1943 at the Moscow Conference and Tehran Conference , plans to establish joint institutions for a post-war world and Europe increasingly became a part of the agenda. This led to a decision at the Yalta Conference in 1944 to form a European Advisory Commission , later replaced by the Council of Foreign Ministers and the Allied Control Council , following

6460-845: The Carolingian Renaissance of the 9th century. From that time, the term designated the sphere of influence of the Western Church , as opposed to both the Eastern Orthodox churches and to the Islamic world . A cultural definition of Europe as the lands of Latin Christendom coalesced in the 8th century, signifying the new cultural condominium created through the confluence of Germanic traditions and Christian-Latin culture, defined partly in contrast with Byzantium and Islam , and limited to northern Iberia ,

6630-467: The Copenhagen criteria for candidate members to join the EU were agreed upon in June 1993. The expansion of the EU introduced a new level of complexity and discord. In 1995, Austria, Finland, and Sweden joined the EU. In 2002, euro banknotes and coins replaced national currencies in 12 of the member states. Since then, the eurozone has increased to encompass 20 countries. The euro currency became

6800-669: The Council of Europe , an international organisation independent of the EU and based in Strasbourg. The European Commission acts both as the EU's executive arm , responsible for the day-to-day running of the EU, and also the legislative initiator , with the sole power to propose laws for debate. The commission is 'guardian of the Treaties' and is responsible for their efficient operation and policing. It has 27 European commissioners for different areas of policy, one from each member state, though commissioners are bound to represent

6970-547: The Court of Justice of the European Union , the European Central Bank and the European Court of Auditors . Competence in scrutinising and amending legislation is shared between the Council of the European Union and the European Parliament, while executive tasks are performed by the European Commission and in a limited capacity by the European Council (not to be confused with the aforementioned Council of

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7140-414: The Don (ancient Tanais ). But maps produced during the 16th to 18th centuries tended to differ in how to continue the boundary beyond the Don bend at Kalach-na-Donu (where it is closest to the Volga, now joined with it by the Volga–Don Canal ), into territory not described in any detail by the ancient geographers. Around 1715, Herman Moll produced a map showing the northern part of the Ob River and

7310-437: The European Parliamentary Union (EPU). Aristide Briand —who was Prime Minister of France , a follower of the Paneuropean Union, and Nobel Peace Prize laureate for the Locarno Treaties —delivered a widely recognized speech at the League of Nations in Geneva on 5 September 1929 for a federal Europe to secure Europe and settle the historic Franco-German enmity . With large-scale war being waged in Europe once again in

7480-450: The European integration project or the construction of Europe ( French : la construction européenne ). The following timeline outlines the legal inception of the European Union (EU)—the principal framework for this unification. The EU inherited many of its present responsibilities from the European Communities (EC), which were founded in the 1950s in the spirit of the Schuman Declaration . The European Union operates through

7650-439: The European population at the time. The plague had a devastating effect on Europe's social structure; it induced people to live for the moment as illustrated by Giovanni Boccaccio in The Decameron (1353). It was a serious blow to the Roman Catholic Church and led to increased persecution of Jews , beggars and lepers . The plague is thought to have returned every generation with varying virulence and mortalities until

7820-460: The Greeks and Phoenicians gave rise to early Mediterranean cities. Early Iron Age Italy and Greece from around the 8th century BCE gradually gave rise to historical Classical antiquity, whose beginning is sometimes dated to 776 BCE, the year of the first Olympic Games . Ancient Greece was the founding culture of Western civilisation. Western democratic and rationalist culture are often attributed to Ancient Greece. The Greek city-state,

7990-406: The Hertenstein Congress of the Union of European Federalists , one of the then founded and later constituting members of the European Movement . One month later, the French Union was installed by the new Fourth French Republic to direct the decolonization of its colonies so that they would become parts of a European community. By 1947 a growing rift between the western Allied Powers and

8160-400: The Inquisition against heretics. In the Iberian Peninsula , the Reconquista concluded with the fall of Granada in 1492 , ending over seven centuries of Islamic rule in the south-western peninsula. In the east, a resurgent Byzantine Empire recaptured Crete and Cyprus from the Muslims, and reconquered the Balkans. Constantinople was the largest and wealthiest city in Europe from the 9th to

8330-409: The Iron Curtain , with NATO in the West and the Warsaw Pact in the East . This divide ended with the Revolutions of 1989 , the fall of the Berlin Wall , and the dissolution of the Soviet Union , which allowed European integration to advance significantly. European integration is being advanced institutionally since 1948 with the founding of the Council of Europe , and significantly through

8500-442: The Irtysh River , a major tributary of the Ob, as components of a series of partly-joined waterways taking the boundary between Europe and Asia from the Turkish Straits, and the Don River all the way to the Arctic Ocean. In 1721, he produced a more up to date map that was easier to read. However, his proposal to adhere to major rivers as the line of demarcation was never taken up by other geographers who were beginning to move away from

8670-411: The Lisbon Treaty entered into force and reformed many aspects of the EU. In particular, it changed the legal structure of the European Union, merging the EU three pillars system into a single legal entity provisioned with a legal personality , created a permanent president of the European Council , the first of which was Herman Van Rompuy , and strengthened the position of the high representative of

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8840-399: The Marshall Plan , which led to the Soviets creating Comecon in response. The ensuing Hague Congress of May 1948 was a pivotal moment in European integration, as it led to the creation of the European Movement International , the College of Europe and most importantly to the foundation of the Council of Europe on 5 May 1949 (which is now Europe Day ). The Council of Europe was one of

9010-419: The Mediterranean Sea —namely, Ceuta and Melilla —which are parts of Africa and share a border with Morocco. According to the current convention, Georgia and Azerbaijan are transcontinental countries where waterways have been completely replaced by mountains as the divide between continents. The first recorded usage of Eurṓpē as a geographic term is in the Homeric Hymn to Delian Apollo , in reference to

9180-490: The Megalithic Temples of Malta and Stonehenge , were constructed throughout Western and Southern Europe. The modern native populations of Europe largely descend from three distinct lineages: Mesolithic hunter-gatherers , descended from populations associated with the Paleolithic Epigravettian culture; Neolithic Early European Farmers who migrated from Anatolia during the Neolithic Revolution 9,000 years ago; and Yamnaya Steppe herders who expanded into Europe from

9350-427: The Neandertal valley in Germany ) appeared in Europe 150,000 years ago (115,000 years ago it is found already in the territory of present-day Poland ) and disappeared from the fossil record about 40,000 years ago, with their final refuge being the Iberian Peninsula. The Neanderthals were supplanted by modern humans ( Cro-Magnons ), who seem to have appeared in Europe around 43,000 to 40,000 years ago. However, there

9520-432: The Pechenegs and the Cuman-Kipchaks , caused a massive migration of Slavic populations to the safer, heavily forested regions of the north, and temporarily halted the expansion of the Rus' state to the south and east. Like many other parts of Eurasia , these territories were overrun by the Mongols . The invaders, who became known as Tatars , were mostly Turkic-speaking peoples under Mongol suzerainty. They established

9690-409: The Pontic–Caspian steppe of Ukraine and southern Russia in the context of Indo-European migrations 5,000 years ago. The European Bronze Age began c. 3200 BCE in Greece with the Minoan civilisation on Crete , the first advanced civilisation in Europe. The Minoans were followed by the Myceneans , who collapsed suddenly around 1200 BCE, ushering the European Iron Age . Iron Age colonisation by

9860-406: The Serbian Principality (later Kingdom and Empire ), and the Duchy of Croatia (later Kingdom of Croatia ). To the east, Kievan Rus' expanded from its capital in Kiev to become the largest state in Europe by the 10th century. In 988, Vladimir the Great adopted Orthodox Christianity as the religion of state. Further east, Volga Bulgaria became an Islamic state in the 10th century, but

10030-438: The Soviet Union became evident as a result of the rigged 1947 Polish legislative election , which constituted an open breach of the Yalta Agreement . March of that year saw two important developments. First was the signing of the Treaty of Dunkirk between France and the United Kingdom . The treaty assured mutual assistance in the event of future military aggression against either nation. Though it officially named Germany as

10200-426: The decline of the Roman Empire , Europe entered a long period of change arising from what historians call the " Age of Migrations ". There were numerous invasions and migrations amongst the Ostrogoths , Visigoths , Goths , Vandals , Huns , Franks , Angles , Saxons , Slavs , Avars , Bulgars , Vikings , Pechenegs , Cumans , and Magyars . Renaissance thinkers such as Petrarch would later refer to this as

10370-465: The fall of the Western Roman Empire in 476 CE, Christian consolidation of Europe in the wake of the Migration Period marked the European post-classical Middle Ages . The Italian Renaissance spread in the continent a new humanist interest in art and science which led to the modern era . Since the Age of Discovery , led by Spain and Portugal , Europe played a predominant role in global affairs with multiple explorations and conquests around

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10540-432: The last glacial period ended about 10,000 years ago. Earth is currently in an interglacial period of the Quaternary, called the Holocene . Homo erectus georgicus , which lived roughly 1.8 million years ago in Georgia , is the earliest hominin to have been discovered in Europe. Other hominin remains, dating back roughly 1 million years, have been discovered in Atapuerca , Spain . Neanderthal man (named after

10710-457: The monetary branch of the European Union, the prime component of the Eurosystem and the European System of Central Banks. It is one of the world's most important central banks . The ECB Governing Council makes monetary policy for the Eurozone and the European Union, administers the foreign exchange reserves of EU member states, engages in foreign exchange operations, and defines the intermediate monetary objectives and key interest rate of

10880-517: The polis , was the fundamental political unit of classical Greece. In 508 BCE, Cleisthenes instituted the world's first democratic system of government in Athens . The Greek political ideals were rediscovered in the late 18th century by European philosophers and idealists. Greece also generated many cultural contributions: in philosophy , humanism and rationalism under Aristotle , Socrates and Plato ; in history with Herodotus and Thucydides ; in dramatic and narrative verse, starting with

11050-586: The world population in 2020, EU member states generated a nominal gross domestic product (GDP) of around US$ 16.6   trillion in 2022, constituting approximately one sixth of global nominal GDP . Additionally, all EU states except Bulgaria have a very high Human Development Index according to the United Nations Development Programme . Its cornerstone, the Customs Union , paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where

11220-402: The "Dark Ages". Isolated monastic communities were the only places to safeguard and compile written knowledge accumulated previously; apart from this, very few written records survive. Much literature, philosophy, mathematics, and other thinking from the classical period disappeared from Western Europe, though they were preserved in the east, in the Byzantine Empire. While the Roman empire in

11390-461: The 12th centuries, with a population of approximately 400,000. The Empire was weakened following the defeat at Manzikert , and was weakened considerably by the sack of Constantinople in 1204 , during the Fourth Crusade . Although it would recover Constantinople in 1261, Byzantium fell in 1453 when Constantinople was taken by the Ottoman Empire . In the 11th and 12th centuries, constant incursions by nomadic Turkic tribes, such as

11560-401: The 12th to the 15th centuries, the Grand Duchy of Moscow grew from a small principality under Mongol rule to the largest state in Europe, overthrowing the Mongols in 1480, and eventually becoming the Tsardom of Russia . The state was consolidated under Ivan III the Great and Ivan the Terrible , steadily expanding to the east and south over the next centuries. The Great Famine of 1315–1317

11730-444: The 18th century. During this period, more than 100 plague epidemics swept across Europe. The Renaissance was a period of cultural change originating in Florence , and later spreading to the rest of Europe. The rise of a new humanism was accompanied by the recovery of forgotten classical Greek and Arabic knowledge from monastic libraries, often translated from Arabic into Latin . The Renaissance spread across Europe between

11900-434: The 1930s and becoming World War II , the question of what to fight against and what for, had to be agreed on. A first agreement was the Declaration of St James's Palace of 1941, when Europe's resistance gathered in London. This was expanded on by the 1941 Atlantic Charter , establishing the Allies and their common goals, inciting a new wave of global international institutions like the United Nations ( founded 1945 ) or

12070-434: The 20 EU member states that have fully implemented the economic and monetary union and use the euro currency . Through the Common Foreign and Security Policy , the union has developed a role in external relations and defence . It maintains permanent diplomatic missions throughout the world and represents itself at the United Nations , the World Trade Organization , the G7 and the G20 . Due to its global influence,

12240-400: The 50 years of peace that followed are known as Golden Age of Athens , the seminal period of ancient Greece that laid many of the foundations of Western civilisation. Greece was followed by Rome , which left its mark on law , politics , language , engineering , architecture , government , and many more key aspects in western civilisation. By 200 BCE, Rome had conquered Italy and over

12410-665: The Authority are necessary to ensure the effective and consistent application of those acts. EIOPA's core responsibilities are to support the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries. To achieve the tasks above, EIOPA was also conferred the powers to develop draft regulatory technical standards and implementing technical standards, to issue guidelines and recommendations, to take individual decisions addressed to competent authorities or financial institutions in

12580-537: The British Isles, France, Christianised western Germany, the Alpine regions and northern and central Italy. The concept is one of the lasting legacies of the Carolingian Renaissance : Europa often figures in the letters of Charlemagne's court scholar, Alcuin . The transition of Europe to being a cultural term as well as a geographic one led to the borders of Europe being affected by cultural considerations in

12750-478: The CJEU the power for consistent application of EU law across the EU as a whole. The court also acts as an administrative and constitutional court between the other EU institutions and the Member States and can annul or invalidate unlawful acts of EU institutions, bodies, offices and agencies. The General Court is a constituent court of the European Union. It hears actions taken against the institutions of

12920-417: The Council of the European Union and the "Council of Ministers", its former title), forms one half of the EU's legislature. It consists of a representative from each member state's government and meets in different compositions depending on the policy area being addressed . Notwithstanding its different configurations, it is considered to be one single body. In addition to the legislative functions, members of

13090-508: The Don altogether, following the Greater Caucasus watershed to the Caspian. The question was still treated as a "controversy" in geographical literature of the 1860s, with Douglas Freshfield advocating the Caucasus crest boundary as the "best possible", citing support from various "modern geographers". In Russia and the Soviet Union , the boundary along the Kuma–Manych Depression was the most commonly used as early as 1906. In 1958,

13260-560: The ECB and the national central banks (NCBs) of all 27 member states of the European Union. The ESCB is not the monetary authority of the eurozone, because not all EU member states have joined the euro. The ESCB's objective is price stability throughout the European Union. Secondarily, the ESCB's goal is to improve monetary and financial cooperation between the Eurosystem and member states outside

13430-401: The EU administration by investigating complaints, as well as by proactively looking into broader systemic issues. The current Ombudsman is Emily O'Reilly . The European Public Prosecutor's Office (EPPO) is the prosecutory branch of the union with juridical personality, established under the Treaty of Lisbon between 23 of the 27 states of the EU following the method of enhanced cooperation. It

13600-602: The EU level by special interest groups is regulated to try to balance the aspirations of private initiatives with public interest decision-making process. The European Union had an agreed budget of €170.6  billion in 2022. The EU had a long-term budget of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. In 1960, the budget of the European Community was 0.03 per cent of GDP. Of this, €54bn subsidised agriculture enterprise , €42bn

13770-420: The EU, which together with the Council of the European Union is tasked with amending and approving the European Commission's proposals. 705 members of the European Parliament (MEPs) are directly elected by EU citizens every five years on the basis of proportional representation . MEPs are elected on a national basis and they sit according to political groups rather than their nationality. Each country has

13940-558: The EU. The ECB Executive Board enforces the policies and decisions of the Governing Council, and may direct the national central banks when doing so. The ECB has the exclusive right to authorise the issuance of euro banknotes . Member states can issue euro coins , but the volume must be approved by the ECB beforehand. The bank also operates the TARGET2 payments system. The European System of Central Banks (ESCB) consists of

14110-675: The Early Middle Ages, and soon spread throughout Europe. A struggle for influence between the nobility and the monarchy in England led to the writing of Magna Carta and the establishment of a parliament . The primary source of culture in this period came from the Roman Catholic Church . Through monasteries and cathedral schools , the Church was responsible for education in much of Europe. The Papacy reached

14280-559: The East, especially relating to areas under Byzantine, Ottoman, and Russian influence. Such questions were affected by the positive connotations associated with the term Europe by its users. Such cultural considerations were not applied to the Americas, despite their conquest and settlement by European states. Instead, the concept of "Western civilization" emerged as a way of grouping together Europe and these colonies. The question of defining

14450-469: The European Community and the EU, and then made amendments to those founding treaties. These are power-giving treaties which set broad policy goals and establish institutions with the necessary legal powers to implement those goals. These legal powers include the ability to enact legislation which can directly affect all member states and their inhabitants. The EU has legal personality , with

14620-490: The European Council. The other 25 commissioners are subsequently appointed by the Council of the European Union in agreement with the nominated president. The 27 commissioners as a single body are subject to approval (or otherwise) by a vote of the European Parliament . All commissioners are first nominated by the government of the respective member state. The council, as it is now simply called (also called

14790-743: The European Economic Area Member States also participated in CEIOPS. CEIOPS Secretariat was located in Frankfurt . It was chaired by Gabriel Bernardino , the Director General of the Portuguese insurance supervisor. The other Level-3 Committees were Committee of European Banking Supervisors and Committee of European Securities Regulators . CEIOPS was replaced by EIOPA on 1 January 2011, in accordance with

14960-669: The European Recovery Program called Next Generation EU (NGEU). On 24 February 2022, after massing on the borders of Ukraine, the Russian Armed Forces undertook an attempt for a full-scale invasion of Ukraine. The European Union imposed heavy sanctions on Russia and agreed on a pooled military aid package to Ukraine for lethal weapons funded via the European Peace Facility off-budget instrument. Next Generation EU ( NGEU )

15130-500: The European Treaties but were developed by the Court of Justice itself over the 1960s, apparently under the influence of its then most influential judge, Frenchman Robert Lecourt . The question whether the secondary law enacted by the EU has a comparable status in relation to national legislation, has been a matter of debate among legal scholars. The European Union is based on a series of treaties . These first established

15300-527: The European Union by individuals and member states, although certain matters are reserved for the Court of Justice. Decisions of the General Court can be appealed to the Court of Justice, but only on a point of law. Prior to the coming into force of the Lisbon Treaty on 1 December 2009, it was known as the Court of First Instance. The European Central Bank (ECB) is one of the institutions of

15470-540: The European Union has been described by some scholars as an emerging superpower . The EU was established, along with its citizenship , when the Maastricht Treaty came into force in 1993, and was incorporated as an international legal juridical person upon entry into force of the Treaty of Lisbon in 2009 . Its beginnings can be traced to the Inner Six states (Belgium, France, Italy, Luxembourg,

15640-543: The European Union understood that coal and steel were the two industries essential for waging war, and believed that by tying their national industries together, a future war between their nations became much less likely. In parallel with Schuman, the Pleven Plan of 1951 tried but failed to tie the institutions of the developing European community under the European Political Community , which

15810-410: The European Union ). It is more integrated than a traditional confederation of states because the general level of government widely employs qualified majority voting in some decision-making among the member states, rather than relying exclusively on unanimity. It is less integrated than a federal state because it is not a state in its own right: sovereignty continues to flow 'from the bottom up', from

15980-481: The European Union is formally called the Court of Justice of the European Union (CJEU) and consists of two courts: the Court of Justice and the General Court . The Court of Justice is the supreme court of the European Union in matters of European Union law . As a part of the CJEU, it is tasked with interpreting EU law and ensuring its uniform application across all EU member states under Article 263 of

16150-554: The European Union). The monetary policy of the eurozone is determined by the European Central Bank. The interpretation and the application of EU law and the treaties are ensured by the Court of Justice of the European Union. The EU budget is scrutinised by the European Court of Auditors. There are also a number of ancillary bodies which advise the EU or operate in a specific area. The Union's executive branch

16320-594: The Eurozone countries , a surge in asylum seekers in 2015 , and the United Kingdom's withdrawal from the EU . A referendum in the UK on its membership of the European Union was held in 2016, with 51.9 per cent of participants voting to leave. The UK formally notified the European Council of its decision to leave on 29 March 2017, initiating the formal withdrawal procedure for leaving the EU ; following extensions to

16490-707: The Frankish tribes were united under Clovis I . Charlemagne , a Frankish king of the Carolingian dynasty who had conquered most of Western Europe, was anointed " Holy Roman Emperor " by the Pope in 800. This led in 962 to the founding of the Holy Roman Empire , which eventually became centred in the German principalities of central Europe. East Central Europe saw the creation of the first Slavic states and

16660-531: The German surrender and the Potsdam Agreement in 1945. By the end of the war, European integration became seen as an antidote to the extreme nationalism that had caused the war. On 19 September 1946, in a much recognized speech, Winston Churchill , speaking at the University of Zürich , reiterated his calls since 1930 for a "European Union" and "Council of Europe", coincidentally parallel to

16830-520: The Great 's efforts to make Russia more European, ignored the whole boundary question with his claim that neither Russia, Scandinavia, northern Germany, nor Poland were fully part of Europe. Since then, many modern analytical geographers like Halford Mackinder have declared that they see little validity in the Ural Mountains as a boundary between continents. The mapmakers continued to differ on

17000-655: The Levant and North Africa and making inroads into Asia Minor . In the mid-7th century, following the Muslim conquest of Persia , Islam penetrated into the Caucasus region. Over the next centuries Muslim forces took Cyprus , Malta , Crete , Sicily , and parts of southern Italy . Between 711 and 720, most of the lands of the Visigothic Kingdom of Iberia were brought under Muslim rule—save for small areas in

17170-763: The Mediterranean Sea without the inclusion of any mountain ranges. Cartographer Herman Moll suggested in 1715 Europe was bounded by a series of partly-joined waterways directed towards the Turkish straits, and the Irtysh River draining into the upper part of the Ob River and the Arctic Ocean . In contrast, the present eastern boundary of Europe partially adheres to the Ural and Caucasus Mountains, which

17340-748: The Netherlands, and West Germany ) at the start of modern European integration in 1948, and to the Western Union , the International Authority for the Ruhr , the European Coal and Steel Community , the European Economic Community and the European Atomic Energy Community , which were established by treaties. These increasingly amalgamated bodies grew, with their legal successor the EU, both in size through

17510-743: The Soviet Geographical Society formally recommended that the boundary between the Europe and Asia be drawn in textbooks from Baydaratskaya Bay , on the Kara Sea , along the eastern foot of Ural Mountains, then following the Ural River until the Mugodzhar Hills , and then the Emba River ; and Kuma–Manych Depression, thus placing the Caucasus entirely in Asia and the Urals entirely in Europe. The Flora Europaea adopted

17680-509: The Tanais (the modern Don River) as the boundary. The Roman Empire did not attach a strong identity to the concept of continental divisions. However, following the fall of the Western Roman Empire , the culture that developed in its place , linked to Latin and the Catholic church, began to associate itself with the concept of "Europe". The term "Europe" is first used for a cultural sphere in

17850-541: The Treaty of the Functioning of the European Union (TFEU). The Court was established in 1952, and is based in Luxembourg . It is composed of one judge per member state – currently 27 – although it normally hears cases in panels of three, five or fifteen judges. The Court has been led by president Koen Lenaerts since 2015. The CJEU is the highest court of the European Union in matters of Union law . Its case-law provides that EU law has supremacy over any national law that

18020-430: The Union as a whole, though the exact delimitation has on occasions become a subject of scholarly or legal disputes. In certain fields, members have awarded exclusive competence and exclusive mandate to the Union. These are areas in which member states have entirely renounced their own capacity to enact legislation. In other areas, the EU and its member states share the competence to legislate. While both can legislate,

18190-614: The Union to be ready for the new members. In May 2024, concerns rise, that the outcome of the elections in June, can undermine some of the crucial policies of the EU in the domain of environment, diplomacy, economy . The war in Ukraine by creating inflation, lowering life level created a possibility of strong changes in the 2024 elections. Since the end of World War II , sovereign European countries have entered into treaties and thereby co-operated and harmonised policies (or pooled sovereignty ) in an increasing number of areas, in

18360-739: The Western Allies in 1949 to regulate the coal and steel industries of the Ruhr area in West Germany. Backed by the Marshall Plan with large funds coming from the United States since 1948, the ECSC became a milestone organisation, enabling European economic development and integration and being the origin of the main institutions of the EU such as the European Commission and Parliament . Founding fathers of

18530-493: The accessions of a further 22 states from 1973 to 2013, and in power through acquisitions of policy areas. In 2012, the EU was awarded the Nobel Peace Prize . The United Kingdom became the only member state to leave the EU , in 2020; ten countries are aspiring or negotiating to join it . Internationalism and visions of European unity had existed since well before the 19th century, but gained particularly as

18700-551: The adoption of Christianity ( c. 1000 CE) . The powerful West Slavic state of Great Moravia spread its territory all the way south to the Balkans, reaching its largest territorial extent under Svatopluk I and causing a series of armed conflicts with East Francia . Further south, the first South Slavic states emerged in the late 7th and 8th century and adopted Christianity : the First Bulgarian Empire ,

18870-648: The basis of many modern legal systems, funded the construction of the Hagia Sophia and brought the Christian church under state control. From the 7th century onwards, as the Byzantines and neighbouring Sasanid Persians were severely weakened due to the protracted, centuries-lasting and frequent Byzantine–Sasanian wars , the Muslim Arabs began to make inroads into historically Roman territory, taking

19040-576: The beginning of the Cold War . The year 1948 marked the beginning of the institutionalised modern European integration . In March 1948 the Treaty of Brussels was signed, establishing the Western Union (WU), followed by the International Authority for the Ruhr . Furthermore, the Organisation for European Economic Co-operation (OEEC), the predecessor of the OECD, was also founded in 1948 to manage

19210-563: The boundary between the lower Don and Samara well into the 19th century. The 1745 atlas published by the Russian Academy of Sciences has the boundary follow the Don beyond Kalach as far as Serafimovich before cutting north towards Arkhangelsk , while other 18th- to 19th-century mapmakers such as John Cary followed Strahlenberg's prescription. To the south, the Kuma–Manych Depression was identified c.  1773 by

19380-468: The continent The prevalent definition of Europe as a geographical term has been in use since the mid-19th century. Europe is taken to be bounded by large bodies of water to the north, west and south; Europe's limits to the east and north-east are usually taken to be the Ural Mountains , the Ural River , and the Caspian Sea ; to the south-east, the Caucasus Mountains , the Black Sea , and

19550-509: The continent. Chinese, for example, uses the word Ōuzhōu ( 歐洲 / 欧洲 ), which is an abbreviation of the transliterated name Ōuluóbā zhōu ( 歐羅巴洲 ) ( zhōu means "continent"); a similar Chinese-derived term Ōshū ( 欧州 ) is also sometimes used in Japanese such as in the Japanese name of the European Union, Ōshū Rengō ( 欧州連合 ) , despite the katakana Yōroppa ( ヨーロッパ ) being more commonly used. In some Turkic languages,

19720-640: The continents as the lands given by Noah to his three sons; Europe was defined as stretching from the Pillars of Hercules at the Strait of Gibraltar , separating it from Northwest Africa , to the Don, separating it from Asia. The convention received by the Middle Ages and surviving into modern usage is that of the Roman era used by Roman-era authors such as Posidonius , Strabo , and Ptolemy , who took

19890-416: The council also have executive responsibilities, such as the development of a Common Foreign and Security Policy and the coordination of broad economic policies within the Union. The Presidency of the council rotates between member states, with each holding it for six months. Beginning on 1 July 2024, the position is held by Hungary. The European Parliament is one of three legislative institutions of

20060-554: The countries of Central and Eastern Europe . Assessing the progress of European integration the Messina Conference was held in 1955, ordering the Spaak report , which in 1956 recommended the next significant steps of European integration. In 1957, Belgium , France , Italy , Luxembourg , the Netherlands , and West Germany signed the Treaty of Rome , which created the European Economic Community (EEC) and established

20230-640: The development of major commercial routes along the coast of the Mediterranean and Baltic Seas . The growing wealth and independence acquired by some coastal cities gave the Maritime Republics a leading role in the European scene. The Middle Ages on the mainland were dominated by the two upper echelons of the social structure: the nobility and the clergy. Feudalism developed in France in

20400-466: The end of the 18th century, gave rise to radical economic, cultural, and social change in Western Europe and eventually the wider world. Both world wars began and were fought to a great extent in Europe, contributing to a decline in Western European dominance in world affairs by the mid-20th century as the Soviet Union and the United States took prominence and competed over dominance in Europe and globally. The resulting Cold War divided Europe along

20570-422: The ensuing détente led to establishment of a first truly pan-European body, the Conference on Security and Co-operation in Europe (CSCE), predecessor of the modern Organization for Security and Co-operation in Europe (OSCE). In 1979, the first direct elections to the European Parliament were held. Greece joined in 1981. In 1985, Greenland left the Communities , following a dispute over fishing rights. During

20740-399: The entire cabinet, the final say in accepting or rejecting a candidate submitted for a given portfolio by a member state, and oversees the commission's permanent civil service. After the President, the most prominent commissioner is the high representative of the union for foreign affairs and security policy, who is ex-officio a vice-president of the European Commission and is also chosen by

20910-402: The epic poems of Homer ; in drama with Sophocles and Euripides ; in medicine with Hippocrates and Galen ; and in science with Pythagoras , Euclid , and Archimedes . In the course of the 5th century BCE, several of the Greek city states would ultimately check the Achaemenid Persian advance in Europe through the Greco-Persian Wars , considered a pivotal moment in world history, as

21080-481: The eurozone. The European Court of Auditors (ECA) is the auditory branch of the European Union. It was established in 1975 in Luxembourg in order to improve EU financial management. It has 27 members (1 from each EU member-state) supported by approximately 800 civil servants. The European Personnel Selection Office (EPSO) is the EU's civil service recruitment body and operates its selection of candidates via generalist and specialist competitions. Each institution

21250-402: The first institutions to bring the sovereign states of (then only Western) Europe together, raising great hopes and fevered debates in the following two years for further European integration. It has since been a broad forum to further cooperation and shared issues, achieving for example the European Convention on Human Rights in 1950. Essential for the actual birth of the institutions of the EU

21420-410: The following two centuries it conquered Greece , Hispania ( Spain and Portugal ), the North African coast, much of the Middle East , Gaul ( France and Belgium ), and Britannia ( England and Wales ). Expanding from their base in central Italy beginning in the third century BCE, the Romans gradually expanded to eventually rule the entire Mediterranean basin and Western Europe by the turn of

21590-400: The height of its power during the High Middle Ages. An East-West Schism in 1054 split the former Roman Empire religiously, with the Eastern Orthodox Church in the Byzantine Empire and the Roman Catholic Church in the former Western Roman Empire. In 1095 Pope Urban II called for a crusade against Muslims occupying Jerusalem and the Holy Land . In Europe itself, the Church organised

21760-399: The idea of water boundaries as the only legitimate divides between Europe and Asia. Four years later, in 1725, Philip Johan von Strahlenberg was the first to depart from the classical Don boundary. He drew a new line along the Volga , following the Volga north until the Samara Bend , along Obshchy Syrt (the drainage divide between the Volga and Ural Rivers ), then north and east along

21930-487: The instrument is worth € 750 billion . NGEU will operate from 2021 to 2026, and will be tied to the regular 2021–2027 budget of the EU's Multiannual Financial Framework (MFF). The comprehensive NGEU and MFF packages are projected to reach €1824.3 billion. Preparing the Union for a new great enlargement is a political priority for the Union, with the goal of achieving over 35 member states by 2030. Institutional and budgetary reforms are being discussed in order to

22100-425: The interests of the EU as a whole rather than their home state. The leader of the 27 is the president of the European Commission (presently Ursula von der Leyen for 2019–2024, reelected for the 2024-2029 term), proposed by the European Council , following and taking into account the result of the European elections, and is then elected by the European Parliament. The President retains, as the leader responsible for

22270-532: The latter waterway to its source in the Ural Mountains . At this point he proposed that mountain ranges could be included as boundaries between continents as alternatives to nearby waterways. Accordingly, he drew the new boundary north along Ural Mountains rather than the nearby and parallel running Ob and Irtysh rivers. This was endorsed by the Russian Empire and introduced the convention that would eventually become commonly accepted. However, this did not come without criticism. Voltaire , writing in 1760 about Peter

22440-486: The member states can only legislate to the extent to which the EU has not. In other policy areas, the EU can only co-ordinate, support and supplement member state action but cannot enact legislation with the aim of harmonising national laws. That a particular policy area falls into a certain category of competence is not necessarily indicative of what legislative procedure is used for enacting legislation within that policy area. Different legislative procedures are used within

22610-464: The millennium. The Roman Republic ended in 27 BCE, when Augustus proclaimed the Roman Empire . The two centuries that followed are known as the pax romana , a period of unprecedented peace, prosperity and political stability in most of Europe. The empire continued to expand under emperors such as Antoninus Pius and Marcus Aurelius , who spent time on the Empire's northern border fighting Germanic , Pictish and Scottish tribes. Christianity

22780-509: The new European financial supervision framework. The reorganisation of macro and microprudential supervisory authorities led to the creation of three new European watchdogs (The European Banking Authority – EBA, the European Insurance and Occupational Pensions Authority – EIOPA, and the European Securities and Markets Authority -ESMA) have replaced the previous EU committees responsible for financial market services, having had only consultative competences. EIOPA has legal personality and acts within

22950-441: The northwest ( Asturias ) and largely Basque regions in the Pyrenees . This territory, under the Arabic name Al-Andalus , became part of the expanding Umayyad Caliphate . The unsuccessful second siege of Constantinople (717) weakened the Umayyad dynasty and reduced their prestige. The Umayyads were then defeated by the Frankish leader Charles Martel at the Battle of Poitiers in 732, which ended their northward advance. In

23120-431: The originally Persian name Frangistan ("land of the Franks ") is used casually in referring to much of Europe, besides official names such as Avrupa or Evropa . Clickable map of Europe, showing one of the most commonly used continental boundaries Key: blue : states which straddle the border between Europe and Asia ; green : countries not geographically in Europe, but closely associated with

23290-444: The poetry devoted to it. An alternative view is that of Robert Beekes , who has argued in favour of a pre-Indo-European origin for the name, explaining that a derivation from eurus would yield a different toponym than Europa. Beekes has located toponyms related to that of Europa in the territory of ancient Greece, and localities such as that of Europos in ancient Macedonia . There have been attempts to connect Eurṓpē to

23460-456: The powers conferred by the EIOPA Regulation. EIOPA acts in the field of activities of insurance undertakings, reinsurance undertakings, financial conglomerates, institutions for occupational retirement provision and insurance intermediaries, in relation to issues not directly covered in the acts referred to in the EIOPA Regulation Article 1.2, including matters of corporate governance, auditing and financial reporting, provided that such actions by

23630-425: The process, the UK left the European Union on 31 January 2020, though most areas of EU law continued to apply to the UK for a transition period which lasted until 31 December 2020. The early 2020s saw Denmark abolishing one of its three opt-outs and Croatia adopting the Euro . After the economic crisis caused by the COVID-19 pandemic , the EU leaders agreed for the first time to create common debt to finance

23800-417: The realisation of the European Union (EU), which represents today the majority of Europe. The European Union is a supranational political entity that lies between a confederation and a federation and is based on a system of European treaties . The EU originated in Western Europe but has been expanding eastward since the dissolution of the Soviet Union in 1991. A majority of its members have adopted

23970-456: The remote regions of north-western Iberia and the middle Pyrenees the power of the Muslims in the south was scarcely felt. It was here that the foundations of the Christian kingdoms of Asturias , Leon , and Galicia were laid and from where the reconquest of the Iberian Peninsula would start. However, no coordinated attempt would be made to drive the Moors out. The Christian kingdoms were mainly focused on their own internal power struggles. As

24140-449: The right to sign agreements and international treaties. Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere . It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east. Europe shares the landmass of Eurasia with Asia, and of Afro-Eurasia with both Asia and Africa . Europe

24310-408: The same category of competence, and even with the same policy area. The distribution of competences in various policy areas between member states and the union is divided into the following three categories: The European Union has seven principal decision-making bodies, its institutions : the European Parliament , the European Council , the Council of the European Union , the European Commission ,

24480-413: The same year, the Schengen Agreement paved the way for the creation of open borders without passport controls between most member states and some non-member states. In 1986, the Single European Act was signed. Portugal and Spain joined in 1986. In 1990, after the fall of the Eastern Bloc , the former East Germany became part of the communities as part of a reunified Germany . The European Union

24650-476: The second-largest reserve currency in the world. In 2004, the EU saw its biggest enlargement to date when Cyprus, the Czech Republic, Estonia , Hungary , Latvia , Lithuania , Malta , Poland , Slovakia , and Slovenia joined the union. In 2007, Bulgaria and Romania became EU members. Later that year, Slovenia adopted the euro, followed by Cyprus and Malta in 2008, Slovakia in 2009, Estonia in 2011, Latvia in 2014, and Lithuania in 2015. On 1 December 2009,

24820-449: The several peoples of the separate member states, rather than from a single undifferentiated whole. This is reflected in the fact that the member states remain the 'masters of the Treaties', retaining control over the allocation of competences to the union through constitutional change (thus retaining so-called Kompetenz-kompetenz ); in that they retain control of the use of armed force; they retain control of taxation; and in that they retain

24990-479: The specific cases, develop common methodologies for assessing the effect of product characteristics and distribution processes, and so on. The composition of EIOPA is similar with that of ESMA, namely a board of supervisors, a management board, a chairperson, an executive director, and a board of appeal. Besides the same tasks shared with ESMA, EIOPA still needs to foster the protection of policyholders, pension scheme members and beneficiaries. The head office of EIOPA

25160-422: The state of the Golden Horde with headquarters in Crimea, which later adopted Islam as a religion, and ruled over modern-day southern and central Russia for more than three centuries. After the collapse of Mongol dominions, the first Romanian states (principalities) emerged in the 14th century: Moldavia and Walachia . Previously, these territories were under the successive control of Pechenegs and Cumans. From

25330-411: The states have agreed to act as one. EU policies aim to ensure the free movement of people, goods, services and capital within the internal market; enact legislation in justice and home affairs; and maintain common policies on trade , agriculture , fisheries and regional development . Passport controls have been abolished for travel within the Schengen Area . The eurozone is a group composed of

25500-423: The three communities, which were collectively referred to as the European Communities . Jean Rey presided over the first merged commission ( Rey Commission ). In 1973, the communities were enlarged to include Denmark (including Greenland), Ireland, and the United Kingdom . Norway had negotiated to join at the same time, but Norwegian voters rejected membership in a referendum . The Ostpolitik and

25670-487: The union for foreign affairs and security policy (presently Josep Borrell ) also takes part in its meetings. Described by some as the union's "supreme political leadership", it is actively involved in the negotiation of treaty changes and defines the EU's policy agenda and strategies. Its leadership role involves solving disputes between member states and the institutions, and to resolving any political crises or disagreements over controversial issues and policies. It acts as

25840-406: The union for foreign affairs and security policy . In 2012, the EU received the Nobel Peace Prize for having "contributed to the advancement of peace and reconciliation, democracy, and human rights in Europe". In 2013, Croatia became the 28th EU member. From the beginning of the 2010s, the cohesion of the European Union has been tested by several issues, including a debt crisis in some of

26010-407: The waterways connecting the Black Sea to the Mediterranean Sea . Islands are generally grouped with the nearest continental landmass, hence Iceland is considered to be part of Europe, while the nearby island of Greenland is usually assigned to North America , although politically belonging to Denmark. Nevertheless, there are some exceptions based on sociopolitical and cultural differences. Cyprus

26180-445: The west and the north, transmitting newly acquired skills in producing copper artifacts. In Western Europe the Neolithic period was characterised not by large agricultural settlements but by field monuments, such as causewayed enclosures , burial mounds and megalithic tombs . The Corded Ware cultural horizon flourished at the transition from the Neolithic to the Chalcolithic . During this period giant megalithic monuments, such as

26350-416: The west continued to decline, Roman traditions and the Roman state remained strong in the predominantly Greek-speaking Eastern Roman Empire , also known as the Byzantine Empire . During most of its existence, the Byzantine Empire was the most powerful economic, cultural, and military force in Europe. Emperor Justinian I presided over Constantinople's first golden age: he established a legal code that forms

26520-399: The western shore of the Aegean Sea . As a name for a part of the known world, it is first used in the 6th century BCE by Anaximander and Hecataeus . Anaximander placed the boundary between Asia and Europe along the Phasis River (the modern Rioni River on the territory of Georgia ) in the Caucasus, a convention still followed by Herodotus in the 5th century BCE. Herodotus mentioned that

26690-419: The widespread use of pottery—began around 7000 BCE in Greece and the Balkans , probably influenced by earlier farming practices in Anatolia and the Near East . It spread from the Balkans along the valleys of the Danube and the Rhine ( Linear Pottery culture ), and along the Mediterranean coast ( Cardial culture ). Between 4500 and 3000 BCE, these central European neolithic cultures developed further to

26860-411: The world had been divided by unknown persons into three parts—Europe, Asia, and Libya (Africa)—with the Nile and the Phasis forming their boundaries—though he also states that some considered the River Don , rather than the Phasis, as the boundary between Europe and Asia. Europe's eastern frontier was defined in the 1st century by geographer Strabo at the River Don. The Book of Jubilees described

27030-410: The world. The place name Evros was first used by the ancient Greeks to refer to their northernmost province, which bears the same name today. The principal river there – Evros (today's Maritsa ) – flows through the fertile valleys of Thrace , which itself was also called Europe, before the term meant the continent. In classical Greek mythology , Europa ( Ancient Greek : Εὐρώπη , Eurṓpē )

27200-452: The world. Between the 16th and 20th centuries, European powers colonised at various times the Americas , almost all of Africa and Oceania , and the majority of Asia. The Age of Enlightenment , the French Revolution , and the Napoleonic Wars shaped the continent culturally, politically, and economically from the end of the 17th century until the first half of the 19th century. The Industrial Revolution , which began in Great Britain at

27370-422: Was legalised by Constantine I in 313 CE after three centuries of imperial persecution . Constantine also permanently moved the capital of the empire from Rome to the city of Byzantium (modern-day Istanbul ) which was renamed Constantinople in his honour in 330 CE. Christianity became the sole official religion of the empire in 380 CE, and in 391–392 CE the emperor Theodosius outlawed pagan religions. This

27540-399: Was a Phoenician princess. One view is that her name derives from the Ancient Greek elements εὐρύς ( eurús ) 'wide, broad', and ὤψ ( ōps , gen. ὠπός , ōpós ) 'eye, face, countenance', hence their composite Eurṓpē would mean 'wide-gazing' or 'broad of aspect'. Broad has been an epithet of Earth herself in the reconstructed Proto-Indo-European religion and

27710-428: Was eventually absorbed into Russia several centuries later. The period between the year 1000 and 1250 is known as the High Middle Ages , followed by the Late Middle Ages until c. 1500. During the High Middle Ages the population of Europe experienced significant growth, culminating in the Renaissance of the 12th century . Economic growth, together with the lack of safety on the mainland trading routes, made possible

27880-432: Was formally established when the Maastricht Treaty —whose main architects were Horst Köhler , Helmut Kohl and François Mitterrand —came into force on 1 November 1993. The treaty also gave the name European Community to the EEC, even if it was referred to as such before the treaty. With further enlargement planned to include the former communist states of Central and Eastern Europe, as well as Cyprus and Malta ,

28050-412: Was in turn reformed in 1961 into the Organisation for Economic Co-operation and Development (OECD) and its membership was extended to states outside of Europe, the United States and Canada. During the 1960s, tensions began to show, with France seeking to limit supranational power. Nevertheless, in 1965 an agreement was reached, and on 1 July 1967 the Merger Treaty created a single set of institutions for

28220-418: Was spent on transport , building and the environment, €16bn on education and research , €13bn on welfare, €20bn on foreign and defence policy, €2bn in finance , €2bn in energy , €1.5bn in communications, and €13bn in administration. In November 2020, two members of the union, Hungary and Poland, blocked approval to the EU's budget at a meeting in the Committee of Permanent Representatives (Coreper), citing

28390-401: Was the Schuman Declaration on 9 May 1950 (the day after the fifth Victory in Europe Day ) and the decision by six nations (France, Belgium, Netherlands, Luxembourg, West Germany and Italy) to follow Schuman and draft the Treaty of Paris . This treaty was created in 1952 the European Coal and Steel Community (ECSC), which was built on the International Authority for the Ruhr , installed by

28560-413: Was the Conference of the Insurance Supervisory Services of European Community Countries ( French : conférence des services de contrôle des assurances ), established in 1957 and thus predating both the Groupe de Contact for banking supervisors (1972) and the Chairs' informal group for securities commissions (1989). The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS),

28730-495: Was the first crisis that would strike Europe in the late Middle Ages. The period between 1348 and 1420 witnessed the heaviest loss. The population of France was reduced by half. Medieval Britain was afflicted by 95 famines, and France suffered the effects of 75 or more in the same period. Europe was devastated in the mid-14th century by the Black Death , one of the most deadly pandemics in human history which killed an estimated 25 million people in Europe alone—a third of

28900-467: Was to include the also proposed European Defence Community , an alternative to West Germany joining NATO which was established in 1949 under the Truman Doctrine . In 1954 the Modified Brussels Treaty transformed the Western Union into the Western European Union (WEU). West Germany eventually joined both the WEU and NATO in 1955, prompting the Soviet Union to form the Warsaw Pact in 1955 as an institutional framework for its military domination in

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