New Hanseatic League
The New Hanseatic League , or the Hansa , was established in February 2018 by European Union finance ministers from Denmark , Estonia , Finland , Ireland , Latvia , Lithuania , the Netherlands and Sweden through the signing of a two-page foundational document which set out the countries' "shared views and values in the discussion on the architecture of the Economic and Monetary Union of the European Union ( EMU ) . " The name is derived from the Hanseatic League , a Northern European commercial and defensive league which lasted until the 16th century . 
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