“What are the implications of the continuing economic crisis in Greece‚ Ireland and Italy for the future of the Euro and the European Union?” Introduction The prevailing consequence of perhaps the worst recession endured globally for the European Union and its single currency‚ introduced a mere decade earlier‚ is the uncertain outlook which it now faces. The seventeen countries that employ the euro‚ collectively known as the Eurozone‚ have been facing a major debt crisis
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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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main advantages and disadvantages of European Union enlargement for a) existing members and b) for applicant countries. In 2004 we will see the biggest enlargement in the history of the EU. All previous enlargements have significantly impacted on the regional focus of the EU’s external policies. The countries joining the EU in 2004 are Cyprus‚ Czech Republic‚ Estonia‚ Hungary‚ Latvia‚ Lithuania‚ Malta‚ Poland‚ Slovakia and Slovenia and will expand the European Union from currently 15 members to 25.
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Summary of Chapter 29: World War 2 Conservative authoritarianism: Both conservative and radical dictatorships wept through Europe in the 20s and 30s. Conservative dictatorships were quite old and the new dictatorships were totalitarian. Traditional form of antidemocratic government was conserve. authoritarianism (which prevented major changes that would undermine existing order‚ had limited power). Relied on bureaucracies‚ police‚ and armies. Liberals‚ democrats‚ and socialists were persecuted
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CHAPTER TWO INTEREST RATES Chapter Objectives After studding this chapter‚ you will be able to: Define what interest rate is Realize the functions of interest rate in the economy Know the distinction between interest rate and returns Explain the different theories of the rate of interest as well as the limitations of each theories 2.1 INTRODUCTION The money and capital markets are one of the vast pools of funds‚ depleted by the borrowing activities of households‚ businesses
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World War II‚ European started to have some certain level of cooperation. Different states in Europe began to set up intergovernmental and supranational organization. Such cooperating acts must come up with reasons. No matter what the reasons are‚ the European states developed rapidly from the 1950s to the 1970s. The historian Mark Mazower has suggested that Europe experienced a ‘miracle of growth’ between the 1950s and 1970s. The growth had contributed even to now‚ making the European Union one of the
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Union budget of India From Wikipedia‚ the free encyclopedia The Union Budget of India‚ referred to as the Annual Financial Statement[1] in Article 112 of the Constitution of India‚ is the annual budget of the Republic of India‚ presented each year on the last working day of February by the Finance Minister of India in Parliament. The budget‚ which is presented by means of the Financial Bill and the Appropriation bill has to be passed by the House before it can come into effect on April 1‚ the start
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‘The European Car Market Environment’ [pic] Written & researched: Amy Walford For: Stuart Challinor 1/05/05 Words: 4‚740 CONTENTS PAGE. Executive Summary 1. – Intentions of the report 2. – The European Car Market Environment 3. – The Micro-environment: 1. – Suppliers 2. - Distributors 3. – Customers 4. – Competitors 4. – Situation review of the European Car Manufacturing Industry 1. – Comparison to US and Japanese market 5.0 – Drivers of Change 6
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resources available for education‚ it limits access to education‚ especially for the disadvantage groups‚ it also leads to deterioration of the quality of education and increase social inequalities. Literature Review According to the African Union‚ corruption is estimated to cost Africa‚ directly and indirectly‚ some 25 percent of its Gross Domestics Product (GDP): The Economist 19th sept.2002 cited in the Hallack and Poisson(2007) in defining Corruption in Education‚ Hallack and Poisson(2007)
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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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