attempted to solve the global financial crisis that brought an end to a decade of prosperity and unrestricted debt. European attempts at defending itself against a deep recession‚ has now created a new crisis of unsustainable and un-serviceable sovereign debt. In early 2010 fears of a sovereign debt crisis‚ the 2010 Euro Crisis developed concerning some European states including European Union members Portugal‚ Ireland‚ Italy‚ Greece‚ Spain‚(affectionately known as the PIIGS) and Belgium. This led
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The Cold War united Europe against Russia and subsequently was a catalyst in European integration during the period of the 1940’s until the early 1990’s. At the end of World War II there was a call for a united‚ peaceful Europe which aligned itself with neither the United States nor the totalitarian USSR. Europe started to become more integrated with the desire for peace‚ evident in the Stockholm Appeal which called for a ban on nuclear weapons worldwide. This was only one movement within Europe
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Briefly describe the current crisis in the Eurozone. Discuss its potential effects on European integration and theorize as to how to overcome the crisis. Country | CIA 2007 | OECD 2009 | IMF 2009 | CIA 2009 | EuroStat 2010 | Austria | 59.10 | 72.7 | 67.10 | 66.40 | 72.3 | Belgium | 84.60 | 100.4 | 93.70 | 101.00 | 96.8 | Cyprus | 59.60 | | 56.20 | 56.20 | 60.8 | Estonia | 3.40 | | | 7.10 | 6.6 | Eurozone | | | | | 86.0 | Finland | 35.90 | 52.6 | 44.00 | 40.30 | 48.4 |
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The operations of the European Union are hinged on its supranational institutions and progressive agreements among its 28 member countries. Since its inception in the mid 1950s‚ this organisation has witnessed significant growths and the consequent adoption of various treaties all aimed at rearranging the constitutional and legislative frameworks among its major institutions. The latest of such treaties was the Treaty of Lisbon adopted in 2007 and one which accorded the European parliament to a higher
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P&G’S Pert Plus: A Pan-European Product? QUESTION 1 How attractive is the pan-European market for Pert Plus in terms of demand potential? Competition? Any cannibalization problems? P&G is an international supplier of consumer goods it is a "global leader in health and beauty care products‚ detergents‚ diapers and food . P&G’s presence in the hair care market in the U.S has been strengthened by innovative technology BC-18 and the replacement of an old brand ’Pert’ with ’Pert Plus’- a mild shampoo
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The European Energy Market For several years now the European Union‚ the largest regional trading block in the world‚ has been trying to liberalize its energy market‚ replacing the markets of its 27 member states with a single continent wide market for electricity and gas. The first phase of liberalization went into effect in June 2007. When fully implemented‚ the ability of energy producers to sell electricity and gas across national borders will be improved‚ increasing competition. The road
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2.1.4 Trends in Regional Integration 2.1.4.1 Regionalism versus Multilateralism The Uruguay round was the longest of all the GATT rounds of multilateral trade negotiations. Started in 1986 with 91 GATT signatories and culminated in the creation of the WTO in 1995. One important development of the Uruguay round of multilateral trade negotiation was the fact that developing countries had played a more active part in the Uruguay round than in any previous multilateral trading negotiations (Pomfret‚
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Maastricht introduced European citizenship. This finally defined what an EU citizen ’ is‚ most obviously in the amended Article 17 of the Treaty of Rome. This declared that in order for one to hold "citizenship of the Union"‚ one must hold "nationality of a Member State". So anyone with nationality to a country within the European union is immediately granted European Citizenship. Consequently all nationals belonging to states joining the EU will also be automatically conferred European citizenship. It
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Introduction of European Union The European Union (EU) is a family of democratic European countries working together to improve life for their citizens and to build a better world. In just half a century it has delivered peace and prosperity in Europe‚ a single currency and a frontier-free ’single market ’ where people‚ goods‚ services and capital can move around freely. It has become a major trading bloc‚ and a world leader in fields such as environmental protection and development aid. The European Union
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European Colonization It was said in Romans 8:31 “If God is with us‚ who can be against us? Who shall separate us from the love of Christ?” To any follower of Christ living in sixteenth and seventeenth century Europe‚ the answer to this question was no one. Europe believed that God gave them superiority and aid in their conquests and colonization of both Native American and African land. The three key factors that secured Europe’s domination of the New World were their technological superiority
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