Economy of The European Union

The economy of the European Union generates a GDP of over €12.629 trillion (US$17.578 trillion in 2011) according to the International Monetary Fund (IMF), making it the largest economy in the world. The European Union (EU) economy consists of a Internal Market and the EU is represented as a unified entity in the World Trade Organization (WTO).

Read more about Economy Of The European Union:  Currency, Budget, Economic Variation, Economies of Member States, Economic Growth, Energy Resources, Trade, Unemployment, Industries, Companies, Gini Index, Regional Variation

Famous quotes containing the words economy of, economy, european and/or union:

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    England is nothing but the last ward of the European madhouse, and quite possibly it will prove to be the ward for particularly violent cases.
    Leon Trotsky (1879–1940)

    The old ideals are dead as nails—nothing there. It seems to me there remains only this perfect union with a woman—sort of ultimate marriage—and there isn’t anything else.
    —D.H. (David Herbert)