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ALSO CALLED:
EC,
European Community,
European Economic Community,
EU,
EEC
DEFINITION: An economic and political union established in 1993 after the ratification of the Maastricht Treaty by members of the European Community, which forms its core. In establishing the European Union, the treaty expanded the political scope of the European Community, especially in the area of foreign and security policy, and provided for the creation of a central European bank and the adoption of a common
Definition continues below.
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European Union Multimedia
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Open for Outcomes: Leveraging Information for Prosperity
sponsored by IBM
WEBCAST:
This on-demand webcast offers insight from innovative leaders sharing the steps they took to "open up" governments, the results they achieved, lessons they have learned and what they think needs to happen next.
Posted: 19 Jul 2012 | Premiered: Jul 19, 2012
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EUROPEAN UNION DEFINITION (continued):
An economic and political union established in 1993 after the ratification of the Maastricht Treaty by members of the European Community, which forms its core. In establishing the European Union, the treaty expanded the political scope of the European Community, especially in the area of foreign and security policy, and provided for the creation of a central European bank and the adoption of a common currency by the end of the 20th century. Applies to sovereign political functions relinquished by member states to the Union by several European Treaties. Visit WhatIs.com - a knowledge exploration and self-education tool about information technology.
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