1.3. The European Union: A Unique Identity

♤ The evolution of what is today the European Union (EU) from a regional economic agreement among six neighboring states in 1951 to today's hybrid intergovernmental and supranational organization of 28 countries across the European continent stands as an unprecedented phenomenon in history.

♤ Although the EU is not a federation in the strict sense, it is far more than a free-trade association such as ASEAN, NAFTA, or Mercosur,♤ In view of its achievements, the European Union is awarded the Nobel Peace Prize In 2012.