European union is an alliance of 27 countries and has around 500 million residents. Birthday of the European union is considered to be May 9th 1950. when Robert Schuman suggested to form an European Coal and Steel Community. From that point on, European union had total of 6 enlargements. Institutions and bodies of European union work together and make decisions in order to form and regulate relationships inside of the Union. They work together to form a budget which will finance all kinds of policies and projects (i.e. education, science, agriculture...) States that are part of the euro-area also share a currency – euro. Croatia is the youngest member of the European union, and she became one in 2013. After few years of negotiations and all kinds of conditions she managed to meet on her way to become a part of the Union. Today it is an equal and in first half of 2020. Croatia had a presidency over the European Council. She still has to take over the official currency and become a part of the schengen area. European Union has big plans for time to come and with its budget for next few years she covers a lot of different areas in need of development and financial aid, and it also works successfully to take care of migrant and asylum seekers but also works on adjusting the laws to keep away migrants which are not allowed to stay in the Union. It also works hard to recover the economy after the corona virus pandemic that has hit the world in the beginning of 2020.