History of the European Union
1951 – European Coal and Steel Community (ECSC)
The first step toward the EU was taken in 1951 when Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands created the European Coal and Steel Community (ECSC). They agreed to share the production of coal and steel to reduce the chances of future wars.
1957 – Treaty of Rome
In 1957, the six countries signed the Treaty of Rome, creating the European Economic Community (EEC). Its main purpose was to create a common market and make trade easier among member countries.
1993 – European Union Officially Formed
On 1 November 1993, the Maastricht Treaty came into force, officially creating the European Union (EU). This treaty expanded cooperation in areas such as politics, the economy, foreign policy, and security.
1999–2002 – Introduction of the Euro
The Euro (€) became the EU’s common currency in 1999 for banking and electronic payments. Euro notes and coins were introduced in 2002. Today, 21 EU countries use the Euro.
2020 – Brexit
On 31 January 2020, the United Kingdom officially left the European Union. As a result, the EU now has 27 member countries.
