Visit RT.com to get the latest news and updates on the EU, including culture, travel, and breaking news. The EU is a political and economic union of 28 European states. Get news and information about the EU's background and history of its creation. Initially, the main idea of the EU was to promote economic cooperation. The EU developed a single market, a customs union, and a widely-used currency, the euro. Get the news and details about the economic system of the EU. Since 2009, the EU has been facing a debt crisis, as its counties – members like Portugal, Greece, Ireland, Spain, and Cyprus were not able to repay their government debt. At the same time, the EU has been trying to solve the migrant crisis, which worsened the situation even more. Follow RT for news and stories on the crisis in the EU and the ways it has been trying to deal with it. In a referendum on 23 June, UK citizens voted for the withdrawal of the UK from the EU. That led to a lot of disagreements in Brexit negotiations between the UK and the rest of the EU. The UK government hasn't come to any agreements yet and remains in the EU. Read news and updates on relations between the EU and the UK and their Brexit negotiations.