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The European Movement International and the Council of Europe were founded on the same principles - a democratic, peaceful and united Europe - as established at the Congress of The Hague in 1948.
Slow growth, economic stagnation, and the risk of deflation in Europe forced the European Central Bank (ECB) to keep interest rates at a record low and to announce a large-scale private and public bond-buying programme.
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On 25 February 2015 the European Commission officially adopted the Energy Union Strategy, which aims to complete the European-wide single energy market, reducing its uneasy reliance on Russian supplies and cutting a massive annual import bill of some 400 billion euros.