The European Union The European Union (EU) is a unique economic and political union of 7 member states which are located primarily in Europe. Its capital is Brussels. The EU traces its origins from the European Coal and Steel Community and the European Economic Community‚ formed by the Inner Six countries‚ which were France‚ Italy‚ West Germany‚ Luxembourg‚ Belgium and the Netherlands‚ in 1951 and 1958 respectively. In the intervening years the community and its successors have grown size by
Premium European Union
government a ‘good kicking’ during European elections‚ as seen in the UK‚ Spain and France‚ rather than vote on a broad manifesto of ideas. This is fuelled further by MEPs campaigning on local issues rather than European ones.” This is an example of part of the democratic deficit in the European Parliament. To further show how there is a democratic deficit in the European Parliament I will explain how it is largely inaccessible to its European citizens and how the European Parliament lacks the power that
Premium European Union European Parliament Treaty of Lisbon
Pros and Cons of the European Union Do you think it is useful to join into a union especially the European Union to strengthen their economic positions? The question could be simple to answer but an individual must look much deeper into the situation. For instance‚ what are the pros and cons of joining a union? The European Union has many pros but also many cons. The European Union was formed in February 1992 with the signing of the Maastricht Treaty. It consist of originally twelve members
Premium European Union
EUROPEAN UNION POLICIES TASK 4.3 1 European Policies a. Monetary system (EMS) European Monetary system was set up in 1979. Its purpose is “ to establish greater monetary stability in the European Union. The exchange rates between currencies can fluctuate considerably.” ( BBP Professional education‚ 2004) In Europe‚ EMS is playing a very important role to recognize change in relative prices‚ avoid inflation risk premium‚ reduce the distortionary impact of tax and social security systems and
Premium European Union
describe the impact of international factors on a selected business. M3 – assess the impact of changes in the global and European business environment on a selected business. Kyoto Protocol The Kyoto Protocol is an international agreement on Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas emissions. This amounts to an average of five per cent over the five-year period
Premium European Union Kyoto Protocol European Parliament
The European Union was formed in February 1992 with the signing of the Maastricht Treaty. It consist of originally twelve members Belgium‚ Denmark‚ France‚ Greece‚ Ireland‚ Italy‚ Luxembourg‚ Netherlands‚ Portugal‚ Spain‚ United Kingdom‚ and Germany. Those twelve members originally formed the European Union until 1995 when three other countries joined the Union Austria‚ Finland‚ and Sweden. The European Union currently is formed of twenty-five members with the ten new members Cyprus‚ Malta‚ Czech
Premium European Union Euro
consumers since the enlargement of the European Union in 2007‚ it is the biggest market in the world. Moreover‚ it was one of the key factors concerning the creation of the European Community. The establishment of the Single Market represents a liberal entity‚ in which the suppression of barriers for the exchange of goods is perceived as a factor of growth and encouraging employment. The establishment of the Market was based on 3 crucial steps: - Custom union (no more custom barriers for the intra-community
Premium European Union
economic benefit from reducing interregional trade and tariff barriers La Raison d’Etre Successful economic union requires favorable economic‚ political‚ cultural‚ and geographic factors as a basis for success. Major flaws in any one factor can destroy a union unless the other factors provide sufficient strength to overcome the weakness. Economic Factors Every type of economic union shares the development and enlargement of market opportunities as a basic orientation; usually‚ markets are enlarged
Premium European Union
Financial System of European Union | Capital Markets & Financial Institutions | | TABLE OF CONTENTS 1. The Enlarged European Union of 27.......................................................................................3 a. Introduction.......................................................................................................................3 b. A Brief Explanation Economy in EU...........................................................................
Premium European Union
EUROPEAN UNION CITIZENSHIP: FREEDOM OF MOVEMENT AND FAMILY REUNIFICATION. RECONCILING COMPETENCES AND RESTRICTING ABUSE?* Introduction All Member States of the European Union experience international migration be it legal or illegal 1 : this is symptomatic of the phenomenon of ‘globalisation in the contemporary world’. This paper will treat the right of a citizen of the Union who has exercised his/her right freely to move within the current twenty seven European Union Member States‚ to be
Premium European Union Citizenship of the European Union