Contemporary Benefits of the European Union

2090 WordsJun 22, 20189 Pages
Stability, security, and prosperity are qualities every individual desires, yet achieving such conditions may be a struggle in certain parts of the world. In Europe where two world wars have erupted, multiple wars/battles have broken out between countries, and where the Black Plague swept through; causalities are high and resentment is established in some cultures. Yet the continent is beautiful everlasting landscape from the green rolling hills of Ireland to the snow-capped mountains of the Alps, every country has its beauty. A group of nations desired to keep European states safe and preserved, so they established the European Union (EU). Objectives of the European Union is to have respect for liberty, democracy, human rights,…show more content…
The EU-U.S. are aware of the effects these issues cause directly and indirectly, and so together they try to guide countries to democracy. In Afghanistan the EU-U.S. have given vital help to the government and people and are committed to freedom and human rights. However, between the two government systems they do have contrasting views on the death penalty and trading. The Transatlantic relationship encompasses crisis management, education, and research, along with spurring entrepreneurial activity by extracting talents from both markets. The EU and U.S. wish to spark interest in the foreign partnership so they establish competitions and conferences to build understand of the other partner's market and government. This robust relationship is essential for both markets to function, but is crucial for the world economy to function properly. The Euro, the second most used international currency, second most traded currency, and is in a third of foreign transactions, and amazingly the euro was developed in 1999. The euro was created by the EU's Economic and Monetary Union (EMU) in response to creating a unity between the EU Member States. The EMU has three main stages it passed through to achieve the single market for the EU. First stage was to establish the single market, second came the European Monetary Institute, and the final stage was
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