The document summarizes key aspects of the European Union, including its establishment in 1993 with 27 current member states located primarily in Europe. It describes the EU having established a single economic market across its territory and lists some countries that use the euro as their currency. It also briefly outlines the origins of the EU in 1951 to end conflicts between neighboring countries after World War II and describes some common policies of the EU, including the Common Agricultural Policy, Common Fisheries Policy, and Cohesion Policy.