european union. what’s the difference between europe & the european union? europe european union
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Whats the difference between Europe & the European Union?EuropeEuropean Union
Current Member States27 of themAustriaBelgiumBulgariaCyprusCzech RepublicDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIrelandItalyLatviaLithuaniaLuxembourgMaltaNetherlandsPolandPortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom
EU in 5 minutes
EU population in the worldPopulation in millions, 20074971322128142301EUChinaJapanRussiaUnited States
The European Union: 493 million people 27 countries
The area of the EU compared to the rest of the worldSurface area, 1 000 kmEUChinaJapanRussiaUnited States16 889932791594234365
The EU symbolsThe European flagThe European anthemEurope Day, 9 MayThe motto: United in diversity
23 official languages
Eight enlargements19521973198119861990199520042007Notice the pattern of growth.
What is the European Union?Collection of countries which are economically dependent on each otherGoal is to eliminate trade barriers, promote trade and give Europe a collective voice.
No more tariffsFrench FoodsGerman CarsItalian FashionsIt is easier to for these itemsto diffuse acrosscountry borders.
No more border controlWhat used to once look like thisAnd when you needed one of theseNow looks like this
WARis how some would summarize Europes history.
List of wars in Europe since 1200 A.D
Why is it unlikly that there will be another major war in Europe today?
MONEY!European countries today are so intertwined economically that it would devastate their economies to go to war with each other.
ECSC to EEC to EUSince 1950 many agreements have been made between the members, making them more dependent on each other1958 became the European Economic Community1993 became the European UnionAdditionally more countries have been added
1973- Denmark, Ireland, and the United Kingdom1981 Greece1985 Greenland granted home rule from Denmark and decided to leave 1986 Portugal and Spain1995 Austria, Finland, and Sweden2004 Cyprus, Czech Republic, Estonia, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia, 2007 Bulgaria and Romania
20042007200420041995EnlargementNotice the movement of membership gradually moving Eastward
What do all the members of the European Union have in common economically?They are all developed countries.
Membership requirementsDemocratic law, respect for human rightsCompetitive market economyyou like us, and we like you feeling
Why are the Eastern European countries the last to join the EU?20042007
Their economies were far behind Western Europes since they had Communist/command economies for almost 50 years.
West German Mercedes and VolkswagonRussian Lada and East German Trabant
BenefitsEach countrys economy is stronger by being a member (their money is more valuable around the world, especially if they use the euro)Together the EU has a larger voice to speak to the rest of the worldFree movement of workers
The euro a single currency for Europeans EU countries using the euro EU countries not using the euroCan be used everywhere in the euro area
4Coins: one side with national symbols, one side common 4Notes: no national side
How rich is the EU compared to the rest of the world?EUChinaJapanRussiaUnited StatesEUChinaJapanRussiaUnited States10 7931 326367646810 03524 7006 40027 80010 00037 300 Size of economy: Gross Domestic Product inbillion of euros, 2006Wealth per person: Gross Domestic Productper person in Purchasing Power Standard, 2007
Lack of bordersThis speeds assimilation of culture since people are encouraged to travel more often and perhaps even live in other countries within the EUIncreases the need to learn more than one languageSecurity risks?
Why wouldnt you want to join?
Non-MembersSwitzerland has a strong economy that it believes would not benefit from joining the EU, has a desire to be neutral in international disputesNorway wants to protect, not share, its fishing waters, and oil revenues since this is a large portion of its GDP has actually applied a few times but always withdraws application because Norwegians voted against joining
Future Members?Croatia, Macedonia, and Turkey are in the application process
MoroccoWhy are they not in the EU?Their application has been denied on the basis of geography.
Where is Morocco?
Iceland, Montenegro, SerbiaIceland people may not want to join; fishing rights (33% in favor)
Montenegro waitingthey want to join
Serbia issues with recognizing Kosovo. Some think the EU is trying to use EU membership as a bargaining chip.
MacedoniaWhy has Macedonia not been accepted yet?
Its all in the name.
the former Yugoslav Republic of Macedonia (FYROM)
TurkeyWhy are they not in the EU?Geographic reasons Only part in EuropeSize (would be 2nd largest EU country)Religion (unofficial reason)
The world wide recession since 2008s strained relations in Europe. The Germans have poured billions of euros in to Greece to keep the economy from collapsing.
Lavish social programs and early retirements are breaking the Greek government as they go deep into debt.Many European countries are simply spending more money than they have.The Greek economy would have collapsed if the Germans hadnt bailed them out.
The future of the EU, like the USA, depends on working out of the worldwide recession.That can only happened by cutting spending, raising taxes, or a combination of both. What would you do?