European Economic Area

(redirected from Fax democracy)
Also found in: Dictionary, Legal, Financial.
Related to Fax democracy: European Economic Area, EEA Agreement

European Economic Area:

see European Free Trade AssociationEuropean Free Trade Association
(EFTA), customs union and trading bloc; its current members are Iceland, Liechtenstein, Norway, and Switzerland. EFTA was established in 1960 by Austria, Denmark, Great Britain, Norway, Portugal, Sweden, and Switzerland.
..... Click the link for more information.
; European UnionEuropean Union
(EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community (EC), an economic and political confederation of European nations, and other organizations (with the same member nations)
..... Click the link for more information.
.