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Home > Economy > Economy In Europe
 

Economy In Europe

Montenegro decided in a referendum on May 21, 2006 to disolve the state union of Serbia and Montenegro leaving both Montenegro and Serbia as independent states. A decision on the future of Kosovo is expected sometime in 2006.

Romania and Bulgaria are acceding to the EU and will join in January 1, 2007. Croatia hopes to join and formal negotiations are to begin in 2006, although a recently resolved crisis surrounding General Gotovina means that Croatia is unlikely to join in 2007. Turkey, Ukraine and the remaining former Yugoslavian states hope to join sometime before 2015, however Turkey is not likely to enter EU before 2018.

Europe is bounded to the north by the Arctic Ocean, to the west by the Atlantic Ocean, to the south by the Mediterranean Sea, and – according to the traditional geographic definition – to the south-east by the waterways adjoining the Mediterranean to and including the Black Sea and the Caucasus Mountains (in Caucasia). Europe`s eastern frontier is vague, but has traditionally been given as the divide of the Ural Mountains and the Caspian Sea to the south-east. The Urals are considered by most to be a geographical and tectonic landmark separating Asia from Europe.

Europe is the world`s second-smallest of the seven traditional continents in terms of area, covering about 10 400 000 square kilometres (4,010,000 sq mi) or 2.0% of the Earth`s surface. The only continent smaller than Europe is Australia. In terms of population, it is the third-largest continent (Asia and Africa are larger) with a population of some 710,000,000, or about 11% of the world`s population

Economy In Albania
 
Economy In Austria
 
Economy In Belarus
 
Economy In Bulgaria
 
Economy In Estonia
 
Economy In Finland
 
Economy In Germany
 
Economy In Hungary
 
Economy In Latvia
 
Economy In Lithuania
 
Economy In Moldova
 
Economy In Poland
 
Economy In Portugal
 
Economy In Russia
 
Economy In Spain
 
Economy In Turkey
 
 
 
 
 
 
 
 
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