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European Union

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Besir Besler The European Union Block Maxime Vignon – PowerPoint PPT presentation

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Title: European Union


1
European Union
Besir Besler
The
Block
Maxime Vignon
2
  • Building the European Union
  • Treaties
  • Inside the Union
  • Structure
  • Cultures
  • Enlargement
  • The EU Block
  • Figures
  • Conflicts
  • SWOT analysis

3
  • I. Origins and Evolution

4
EU Member Countries Austria, Belgium, Cyprus,
Czech Republic, Denmark, Estonia, Finland,
France, Germany Greece, Hungary, Ireland, Italy,
Latvia, Lithuania, Luxembourg, Malta,
Netherlands, Poland, Portugal, Slovakia,
Slovenia, Spain, Sweden, UK Candidate
countriesBulgaria, Romania, Turkey
OthersIceland, Norway, Russia, Switzerland,
Ukraine
5
The Treaty of Paris was seen as foundational
in bringing together Europe in peace after the
Second World War and having established European
Coal and Steel Community (ECSC) by (West)
Germany, France, Italy and the Benelux
(Belgium-Netherlands- Luxembourg) countries
6
The first full customs union was originally
known as the European Economic Community (EEC)
established by the Treaty of Rome in 1957.
7
By Merger Treaty all three European
Communities (ECSC, EC, and Eurotom) were gathered
together
8
The Maastricht Treaty led to the creation of
the European Union and was the result of separate
negotiations on monetary union and on political
union. The treaty also created the Euro, and
introduced the three-pillar structure.
9
The Amsterdam Treaty meant a greater emphasis
on citizenship and the rights of individuals,
more democracy in the shape of increased power
for the European Parliament.
10
The primary purpose of the Treaty of Nice was
to reform the institutional structure to
withstand the Enlargement of the European Union
11
European Constitution, signed in 2004 but has
not yet come to pass, intended to create a
constitution for the European Union
12
  • II. Inside the European Union

13
The Three Pillars of the EU
14
The ECB
  • Supranational instit.
  • The Euro ()
  • Decision-making process
  • Lack of feedback
  • Inappropriate objectives
  • Cost of stability

15
Cultures and Enlargement
  • Major influences
  • The Constitution flop
  • Debate on nuclear
  • Enlargement criteria
  • Turkey
  • Montenegro

16
  • III. The European Block

17
- The Union ..a common single market
consisting of a customs union and a single
currency managed by the European Central Bank-
In 1985, the Schengen Agreement was signed to
abolish passport control, customs checks, and
many of the EU's internal borders, creating a
single space of mobility for EU citizens to live,
travel, work and invest - The European
Union's activities cover all areas of public
policy, from health and economic policy to
foreign affairs and defence. However, the extent
of its powers differs greatly between areas -
Depending on the area in question, the EU may
therefore resemble - a federation
(e.g. on monetary affairs, agricultural, trade
and environmental policy, economic
and social policy),
- a confederation (e.g. on home affairs)
- an international organisation (e.g. in
foreign affairs).
18
Growth- Even though the EU economy has a
low growth rate it is expected to grow further
over the next decade as more countries join the
union - especially considering that the new
member states are usually poorer than the EU
average. It's economic growth has been below
that of the United States most years since1990.
19
CurrencyThe Euro was introduced to world
financial markets as an accounting currency in
1999 and launched as physical coins and banknotes
in 2002
US to Euro - Last 5 years
20
The effects of Euro
  • lowered exchange rate risks
  • the removal of bank transaction charges
  • financial markets are expected to be far more
    liquid and flexible
  • Improved macroeconomic stability
  • differences in prices - in particular in price
    levels - should decrease
  • about the possible dangers of adopting a single
    currency for a large and diverse area

21
Unemployment - Unemployment provides one of
the most important challenges for economic
policymakers in Europe over the next ten years.
- The unemployment rate in the European Union
in January 2006 was 8.5, this compares this
compares with 4.1 in Japan and 5.1 in the
United States.
Unemployment Rate () Euro Zone
______ vs. US.______
22
Trade
23
(No Transcript)
24
Impact of Blocks
  • Trade increases
  • Natural Gas
  • Steel
  • Farm subsidies
  • EUs SWOT

25
  • Questions and Comments ?
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