Russia

Russia

General
With an area of ​​17,075,200 km ², Russia is the largest country in the world, almost twice higher than the territory of the two countries in scope, Canada. Despite its extent, Russia is only the eighth country in terms of number of inhabitants. Russia shares land borders with the following countries (counter-clockwise from northwest to southeast): Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia and Korea North.
economy
More than a decade after the collapse of the Soviet Union in 1991, Russia still trying to build a functioning market economy and achieve higher economic growth.
The economic development of the country has been extremely uneven: the Moscow region contributing a third of GDP, while the region is concentrated in only a tenth of the population.
Russia remains deeply dependent on exports of raw materials, especially oil, gas, metals and timber, which provides 80% of exports, leaving the country vulnerable to changes in world market prices. In recent years, greatly increased domestic demand for consumer goods, about 12% annually from 2000 to 2005, which demonstrates the strengthening of the internal market.
Gross domestic product approaching € 1.200 billion in 2004, making Russia’s economy to the new economy in the world and fifth in Europe. If the annual rate of growth continues as now, Russia’s economy is expected to reach the second position in Europe, after Germany, in a few years.

Demographics

EU generates a GDP of 17.6 trillion U.S. dollars in 2011 (more than any other country in the world), which represents 20% of projected GDP in terms of purchasing power worldwide.
The single market is the main economic engine of the EU, facilitating the free movement of goods, services, capital and people. Another key objective is the development of this major resource, to enable Europeans to enjoy the full benefits of the single market.
At the moment, the EU imports 82% of its oil, 57% of the gas and 97.48% of its uranium. There are concerns about the European dependence on Russian energy to which may endanger the Union and the Member States. Union seeks to diversify its energy sources.
Demographics
The European Union has a combined population of over 500 million, representing 7.3% of the world population.
Main EU institutions
The most important institutions of the EU include the European Commission, European Council, European Union, the European Court of Justice and the European Central Bank. The European Parliament is elected every five years by EU citizens.
Currency
It was also established a monetary union, the eurozone currently consists of 17 states.

European Union

European Union
General
The European Union is an economic and political union, developed in Europe, which consists of 27 states. Origins of the European Union comes from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC) formed by six countries in 1958. In the coming years the European Union has expanded through the accession of new Member States has increased power by adding economic, social and political in his abilities. The Maastricht Treaty established the European Union in 1993. Most recent amendment of the constitutional basis of the EU was the Lisbon Treaty, which entered into force on 1 December 2009.
economy