Putin says Russia to stop South Stream gas pipeline project
The Russian President Vladimir Putin has announced during a visit to Turkey that Moscow is dropping the proposed South Stream gas pipeline project because of opposition from the European Union....
By: NEWS 24/7
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Putin says Russia to stop South Stream gas pipeline project - Video
Christine Lagarde on Reform in the European Union
Christine Lagarde, director of the International Monetary Fund, discusses the need for European countries to #39;fire with all cylinders #39; when it comes to econo...
By: Wall Street Journal
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Christine Lagarde on Reform in the European Union - Video
Arrival and doorstep by Angelino Alfano prior to JHA Council
Arrival and doorstep by Angelino Alfano, Minister for the Interior of Italy, at the Justice and Home Affairs Council, taking place on 5 December 2014, in Brussels. --- European Union Le...
By: Italia2014EU - Profilo del Semestre di Presidenza Italiana del Consiglio dellUE
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Arrival and doorstep by Angelino Alfano prior to JHA Council - Video
Geography of the European Union Continent EuropeAsiaAfricaAmericas Area Ranked 7th Total 4,422,773km2 (1,707,642sqmi) Land 96.92% Water 3.08% Coastline 65,993km (41,006mi) Borders Total land borders: 13,454km Albania 282km, Andorra 120.3km, Belarus 1,050km, Bosnia and Herzegovina 932km, Brazil 673km, Liechtenstein 34.9km, Macedonia 394km, Moldova 450km, Monaco 4.4km, Montenegro 23km, Morocco 16km, Norway 2,348km, Russia 2,257km, San Marino 39km, Serbia 1,263km, Suriname 510km, Switzerland 1,811km, Turkey 446km, Ukraine 1,257km, Vatican City 3.2km Highest point Mont Blanc 4,810.45m Lowest point Lammefjord, Zuidplaspolder -7m Longest river Danube 2,860km Largest lake Vnern 5,650 km
The geography of the European Union describes the geographic features of the European Union (EU), a multinational polity that occupies a large portion of Europe and covers 4,422,773km2 (1,707,642sqmi).[1] Its European territory extends northeast to Finland, northwest to Ireland, southeast to Cyprus (an island that is physiographically part of Asia) and southwest to Iberia.
Collectively, it represents the seventh largest territory in the world by area. Including all overseas territories, the EU shares borders with 19 countries.
The European Union has 28 member states and 6 candidates. See the geography of each state:
Most of the European Union is on the European continent. The EU covers less than half of the territory of Europe, significant parts of the continent especially in the East (e.g. European Russia, Ukraine, Belarus) and smaller parts in the North and Center are not part of the EU. The member states of the EU have land borders with 19 other nations.
It is estimated that the coastline of the European Union is 66,000km long,[2] bordering the Atlantic Ocean, Mediterranean Sea, Black Sea and Baltic Sea. European mountain ranges include the Alps, Carpathian Mountains, Balkan Mountains and Scandinavian Mountains with the tallest mountain in the Union being Mont Blanc.
Several overseas territories and dependencies of various member states are also formally part of the EU (for Spain: the Canary Islands, Ceuta and Melilla; for Portugal: the Azores, Madeira; for UK: Gibraltar and British sovereign bases in Cyprus; for France: La Runion, French Guiana, Martinique, Guadeloupe, Saint-Martin and Saint-Barthlemy) while in other cases territories associated with member states are not part of the EU (e.g. Greenland, the Faroe Islands, most territories associated to the United Kingdom, Aruba, the Netherlands Antilles, Mayotte, French Polynesia, Wallis and Futuna, or New Caledonia).
Including overseas territories of member states, the EU includes most types of climate from Arctic to tropical. Meteorological averages for the EU as a whole are therefore not meaningful. The majority of the population live in areas with a Mediterranean climate (southern Europe), a temperate maritime climate (western Europe), or a warm summer continental or hemiboreal climate (in eastern member states).
European Union
Outermost regions (part of the EU)
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Geography of the European Union - Wikipedia, the free ...
LONDON: The European Union only scraped through a test of whether it complies with global banking rules aimed at making the financial system safer and avoiding another global markets meltdown.
The United States fared better in complying with bank capital rules know as Basel III which constitute the world's core regulatory response to the 2007-09 financial crisis that saw under-capitalised lenders being rescued by taxpayers.
The global regulators who wrote the rules marked Europe down over its lighter capital treatment on banks holding government debt, a sensitive issue in a region where several countries had to be bailed out.
The Basel Committee said its review of how the EU and United States, which account for most global banking assets, apply the rules found several instances where both fell short.
The committee, made up of supervisors and central bankers from nearly 30 countries, graded the 28-country bloc as "materially non-compliant", the lowest grade above a fail.
The United States was deemed to be "largely compliant".
Beyond Friday's "naming and shaming", Basel has no powers to enforce its rules or sanction rule busters.
Europe was braced for criticism from the Basel Committee. But lawmakers from the European Parliament, which approved EU rules comprising an amended version of Basel III, said the changes made in Europe were aimed at helping banks to finance the economy.
"The opinion of a body that is working without legitimacy and without any transparency cannot modify the decisions taken democratically by the European institutions," a cross-party group of lawmakers said in a joint statement.
Basel said eight of the 14 components of Basel III it studied in Europe met all minimum provisions and were compliant, while a further four elements were largely compliant.
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European Union barely passes global bank rules test