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Period: to
World War 2
World War 2 was the largest european conflict of the modern age. Many europeans felt that an international unity was needed to prevent future wars. This unity would be the European Union. -
European parliment established
The european parliment is the "legislative branch" of the EU. It is elected every 5 years. It is the main decision maker of the union. It was the first community established of the EU. -
Spaak commitie
A european union community that was created to manage finances. It also manages peaceful use of nuclear power. it is one of the older EU communities. -
European economic community
The european economic community is one of the european union communities that works, like the spaak commitie in financial and market departments. -
European commision established
The european commision is the "Exectuive branch" of the EU. It is responsible for proposing legeslation, Impleminting decisions, day to day running of the EU and other exectuive tasks. -
England joins EU
England, one of the more aristocratic members has several people in the communities of the union. The british military is one of the more powerful forces in the union. However they do not use the euro because it's value has been going in the toilet. -
Euro adopted
The euro is the main currency used by the EU and europe. It provides a currency that is used by most european contries so people don't have to change thier money at borders. This makes trade among european contries easier. According to wikipedia.com the euro is the second most traded currency after the US dollar. However the euro's value has gone in the toilet. -
European central bank established
The european central bank is a bank controlled by the EU. It is located in frankfurt, Germany. It defines and implements the monetary policy of the EU and eurozone. It also takes care of forigen reserves and founctions as a huge bank. -
EU wins Nobel peace prize
The EU won the 2012 Nobel prize for helping democracy in eastern europe and making peace between france and germany, who had fought many wars. -
EU court of justice founded
The court of justice is the highest court in the EU and is tasked with enterpreting EU law and making sure it is applied over all EU states
