Red Crown Economic Union

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Red Crown Economic Union

Political centersRépublique C.D
Largest cityMandagot
Official languagesNorgsveltian, Nys'tat'en, Fraknic, Keltic, Vaaran, Zemeprievadain, Cascadiian, Auravasi and Kuduk
TypeIntergovermental alliance
Government
• Head Counselor
Margaux Beaumont
LegislatureCouncil of the Union
Establishment
• Founding
2022
Population
• 2022 estimate
113,765,181
GDP (nominal)2022 estimate
• Total
  • 3.3T SHD
  • 339.3T Red Krone
CurrencyRed Krone
Date formatvaries (MM/DD/YYYY or DD/MM/YYYY)

Red Crown Economic Union, also known as the RCEU is an economic-political union and defense pact primarily based around the Monarcho-Socialist countries. Which aims to promote cooperation in politics and economics within the ideology. It was formed in light of the hostilities from both capitalists and socialists ideologies against Monarcho-Socialism. Though it does not exclude non Monarcho-Socialists from joining it, as such several democratic socialists nations joined the RCEU as opposed to the more radical and undemocratic socialist organizations.

It is an expressly anti-colonial force and any nation that holds colonies in its purview will be automatically rejected. In addition to the anti-colonialism, they require the member states to be an express democracy that are open to observers if requested by any nation. Not just including members of the RCEU.

The RCEU shares a common market and a shared monetary union. The monetary union is an opt-in feature part of the RCEU. Shared currency being called Red Krone. The economic aspect of the RCEU is heavily different from others of its kind. It specifically has several regulations, agreements and provisions to insure it deliberately benefits all parties involved without having the wealth being focused on the larger member state [IE the Federation of the Southern Coast]. Insuring equality of trade among its partners despite the imbalance of economies of scale.

The head counselor of the RCEU is voted in by the council of the union which is chosen by the governments of each member state. The head counselor wields considerable influence in the council, able to invite and remove members at will. However, by tradition, the head counselor holds a vote on invitations or removals instead of wielding their authority directly.

The RCEU defense pact is led by the Federation which is the primary driving force behind it. The Federation is also the largest military spender, contributor and size of the military force. The defense pact hosts various war games, training exercises and joint-intelligence operations.

Memberstates

Federation, Nystatiszna, Lasówkrania, Kuduk, Zemeprievadai, Auravas, Ny’Natrotomi and Ymirland

Nation Name GDP Population Monetary union
Federation of the Southern Coast 1,800,000,000,000 45,000,000 YES
Reformed State of Lasówkrania 803,346,880,000 20,083,672 YES
Zemeprievadai Confederation 168,018,592,500 7,467,493 YES
Republic of Auravas 338,025,000,000 9,014,016 YES
Tribal Federation of Kuduk 1,109,700,000 900,000 YES
Jarldom of Ymirland 270,000,000,000 15,000,000 YES
Akuanist Republic of Ny’Natrotomi 663,000,000 1,300,000 YES
Akuan State of Nystatiszna 12,345,000,000 15,000,000 YES