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The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but 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 the states have agre ...
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Motto Of The European Union
''In varietate concordia'' ( en, United in diversity (politics), diversity) is the official motto of the European Union (EU), adopted in 2000. Its translations in the other 24 official languages of the EU have equal standing. It is inspired by its Latin-language version coined by the Italian Nobel prize winner Ernesto Teodoro Moneta: ''In varietate concordia'' or ''In varietate unitas'', which is also used as a compromise. It is one of the newest symbols of the European Union, alongside the Flag of Europe, European flag and Anthem of Europe, anthem but, unlike most, it is specific to the EU rather than originating from the Council of Europe. According to the European Commission, "The motto means that, via the EU, Ethnic groups in Europe, Europeans are united in working together for peace and prosperity, and that the many different cultures, traditions and languages in Europe are a positive asset for the continent." This amounts to the embracement of multiculturalism as the goal o ...
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