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European Union

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European Union 1993-Present EU Countries Name famous places in France. The Louvre One of the largest museums in the world Houses, arguably, the most precious art ... – PowerPoint PPT presentation

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Title: European Union


1
European Union
  • 1993-Present

2
EU Countries
3
Name famous places in France.
  • The Louvre
  • One of the largest museums in the world
  • Houses, arguably, the most precious art pieces
  • The Eiffel Tower
  • Built for the 1889 Worlds Fair
  • Most visited (paid) monument in the world

4
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5
Name famous places in the UK.
  • Tower Bridge
  • Suspension and draw bridge good luck
  • Big Ben
  • Second largest four-faced clock tower in the
    world
  • Renamed Elizabeth Tower in 2012
  • Stonehenge
  • Built in 2400-2200BCE
  • Mystery!

6
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7
Name other famous places in Europe.
  • Roman Colosseum
  • Built in 70-80CE
  • Leaning Tower of Pisa
  • Dont build on soft ground especially in the
    1100s
  • Sagrada Familia
  • Barcelona, began to build in 1882still not
    finished
  • Parthenon
  • Athens, built in 438BCE
  • Trevi Fountain
  • Rome, largest Baroque fountain in the world

8
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9
Why was the EU created?
10
Reaction to WWII
  • Europes competition and divisiveness created
    animosity which led to war.
  • If the countries of Europe are more dependent on
    one another, the likelihood of more violence and
    war decreases.

11
Tariffs
  • What is a tariff?
  • How might tariffs cause conflicts between
    countries?

12
Begins in 1957
  • Treaty of Rome
  • Common market European Economic Community
  • Elimination of tariffs
  • Forge a common agricultural policy
  • Promote and monitor nuclear energy European
    Atomic Energy Community

13
Widening and Deepening
  • Widen
  • Geographic expansion
  • Deepen
  • Remove barriers
  • Increase degree of integration

14
Formalizes in 1993
  • Maastricht Treaty
  • Goals of the European Union
  • an economic and monetary union (Euro)
  • a common foreign and security policy

15
Expansion of the EU
  • Dublin Constitution
  • appointment of an EU president
  • appointment of an EU foreign minister
  • Legislation would be approved by both the
    appointed Council and the elected European
    Parliament
  • ?DEFEATED IN RATIFICATION ?

16
Fear of the EU
  • Why was ratification defeated?
  • economic issues and fear
  • unease over a growing number of immigrants
  • erosion of national identity
  • democratic deficit most leaders were appointed

17
Lisbon Treaty, 2007
  • New treaty created with some of the
    Constitutional issues resolved
  • Needed ratification of all 27 members
  • Ireland sent it to the voters, they rejected it.
  • But ratified it a year later, with some changes.

18
Governing the EU
  • What does the US government look like?
  • Draw a picture or diagram depicting how our
    government works

19
Governing the EU
  • European Commission
  • Qualified majority voting weighted votes
    according to population
  • European Parliament
  • European Court of Justice
  • National vetoes removed in some policy areas
  • No reference to a flag or anthem

20
Entry Task
  • Answer each item in your notes
  • What is our economy dependent upon?
  • What are some of the labor laws we have developed
    over the last 150 years?
  • Please describe the US economic philosophy.

21
Eurozone
  • Those member nations that use the Euro
  • Not including the largest economy in Europe
    United Kingdom
  • Intended to create a stable economic powerhouse.
  • Specific financial criteria
  • That no one really paid attention to

22
Economic Crisis
  • Exposed weaknesses in EU
  • European governments in too much debt
  • Inconsistent fiscal policies in member nations
  • Inability of the EU leaders to react quickly
  • Inability of the European Central Bank to do what
    the FED did

23
Entry Task
  • Define in your notes
  • capitalism
  • socialism
  • mixed economy

24
Economic Crisis
  • Greece
  • Widespread tax evasion
  • Massive spending with borrowed money
  • Italy
  • Enormous national debt
  • Ireland
  • Under-regulated banks
  • Spain
  • Real-estate collapse
  • Led to 22 unemployment

25
Economic Crisis
  • Germany
  • Largest economy in the Eurozone
  • Dependent upon trade surpluses sustained by the
    debt-ridden, high consuming EU members
  • Inability to borrow money
  • Greece, Ireland, and Portugal
  • BAILOUTS
  • With austerity measures to reduce deficit

26
Austerity Measures
  • Increase taxes
  • Decrease government spending

27
Strong Labor Unions
  • Europe has a history of strong labor unions
  • Like the U.S., the acceptance of labor unions
    kept most of those countries from communist
    revolutions
  • Labor union power has increased over the last two
    decades

28
Strong Labor Unions
  • France
  • Difficult to fire anyone
  • Blamed for increased unemployment
  • Led to Paris law allowing anyone under 26 to be
    fired within the first two years of employment
    for any reason
  • Greece
  • Difficult to fire anyone
  • 80 paid holidays throughout the year
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