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GlossaryWorld

European Union

A political and economic union of European countries with a single market, shared laws in many areas and, for many members, the euro.

Also called EU

Why it matters

EU rules on trade, technology and competition affect companies and people far beyond Europe.

European Union in the news

More World terms

World

Summit

A meeting of heads of state or government to discuss major issues and reach agreements.

World

Sanctions

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

World

Geopolitics

The way geography, resources and power shape relations and rivalries between countries.

World

Ceasefire

An agreement between warring sides to stop fighting, temporarily or as a step toward a lasting peace deal.

From the blog

All glossary terms