1 00:00:01,000 --> 00:00:11,810 In this space, we are going to talk to you about the European Union, starting with its history, after the Second World War of Europe. 2 00:00:11,810 --> 00:00:18,809 The leaders of the great countries of Europe, Germany, France and Italy, together with the leaders of the Netherlands, Belgium and Luxembourg, 3 00:00:18,809 --> 00:00:23,809 founded in 1951 the Economic Community of Coal and Steel. 4 00:00:23,809 --> 00:00:26,309 Prior to the European Union, 5 00:00:26,309 --> 00:00:28,809 it grew in the 20th and 21st centuries 6 00:00:28,809 --> 00:00:31,809 with the last incorporation of Proaxia in 2013 7 00:00:31,809 --> 00:00:34,310 and with the release of the Great Britain in 2020. 8 00:00:34,310 --> 00:00:36,810 This integration takes place through treaties 9 00:00:36,810 --> 00:00:39,810 between member countries and European institutions. 10 00:00:39,810 --> 00:00:44,310 These treaties consist of the creation of a European citizenship, 11 00:00:44,310 --> 00:00:47,810 free circulation of people, goods, services and capital, 12 00:00:47,810 --> 00:00:49,310 and a common currency. 13 00:00:49,310 --> 00:00:56,109 Based on the values of freedom, human dignity, equality, democracy, defense of human rights and the rule of law, 14 00:00:56,109 --> 00:01:00,109 at the same time, the institutions are created and reinforced through treaties. 15 00:01:00,109 --> 00:01:06,709 The European Commission, which holds the executive power, and the Parliament and the Council of the European Union, 16 00:01:06,709 --> 00:01:12,409 which represents the legislative power, the European Court of Justice of the European Union, 17 00:01:12,409 --> 00:01:21,409 and the Central Bank of Europe develops monetary policy, and thanks to the European Union, 18 00:01:21,409 --> 00:01:29,750 countries develop a capitalist system of free market and a strong welfare state.