The European Union, abbreviated as EU, is an intergovernmental and supranational organization of 27 countries across the European continent. The economic and political union was established on 1 November 1993 evolving from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC). The EU member states are as follows: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom. The European Union has 23 official languages. The euro is the official currency of the Eurozone, an economic and monetary union consisting of 17 member states.