When finished the Second World War (1939-1945) some European country decided to create a union where they discus their financial matters and political situation and build the earth peaceful from the destruction of the war. So, built an union name European Union (EU). In 1950s Britain didn't join this European Economic Community (EEC) because they saw the future of this union was related with USA. France didn't want Britain to join the EEC and grow their relationship with USA in nuclear matter. But a referendum which arrange by people vote was held in 1975. Now over 40% of world business belongs to the European Union.
Ref:
http://www1.american.edu/dlublin/images/belgium/eu8.jpg
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