The European Union (EU)is formerly called the European Community or Common Market.

Name: The European Union (EU)is formerly called the European Community or Common Market.
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The EU was initially established as the European Economic Community (EEC) under the Treaty of Rome in 1957, and was later renamed the European Community (EC) in 1993. It was formally renamed the European Union (EU) with the signing of the Maastricht Treaty in 1993.

The European Union (EU)is Formerly Called the European Community or Common