of Ministers, and the European
Parliament. Members of the European Parliament were initially
selected by national parliaments, but in 1979 the first direct
elections were undertaken and they have been held every five years
since. In 1973, the first enlargement of the EC took place with the
addition of Denmark, Ireland, and the United Kingdom. The 1980s saw
further membership expansion with Greece joining in 1981 and Spain
and Portugal in 1986. The 1992 Treaty of Maastricht laid the basis
for further forms of cooperation in foreign and defense policy, in
judicial and internal affairs, and in the creation of an economic
and monetary union - including a common currency. This further
integration created the European Union (EU). In 1995, Austria,
Finland, and Sweden joined the EU, raising the membership total to
15. A new currency, the euro, was launched in world money markets on
1 January 1999; it became the unit of exchange for all of the EU
states except the United Kingdom, Sweden, and Denmark. In 2002,
citizens of the 12 euro-area countries began using the euro
banknotes and coins. Ten new countries joined the EU in 2004 -
Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania,
Malta, Poland, Slovakia, and Slovenia - and in 2007 Bulgaria and
Romania joined, bringing the current membership to 27. In order to
ensure that the EU can continue to function efficiently with an
expanded membership, the Treaty of Nice (in force as of 1 February
2003) set forth rules streamlining the size and procedures of EU
institutions. An EU Constitutional Treaty, signed in Rome on 29
October 2004, gave member states two years to ratify the document
before it was scheduled to take effect on 1 November 2006. Referenda
held in France and the Netherlands in May-June 2005 rejected the
proposed constitution. This development set back the ratification
effort and left the longer-term political integration of the EU in
limbo.

Geography European Union

Location:
Europe between the North Atlantic Ocean in the west and Russia,
Belarus, and Ukraine to the east

Map references:
Europe

Area:
total: 4,324,782 sq km

Area - comparative:
less than one-half the size of the US

Land boundaries:
total: 12,440.8 km
border countries: Albania 282 km, Andorra 120.3 km, Belarus 1,050
km, Croatia 999 km, Holy See 3.2 km, Liechtenstein 34.9 km,
Macedonia 394 km, Mold