The European Union : An Economic And Political Partnership Between 28 Countries

The European Union (EU) is a political economic union of 28 members. The founders are France, Belgium, Luxemburg, Italy, Netherlands, and Germany. The Maastricht treaty established the European Union in 1993. The EU aims to ensure the free movement of people, goods, services and capital and regional development. These 28 member states have successfully integrated because of their similar cultural lifestyles.

The European Union (EU) is a unique economic and political partnership between 28 different countries. It consists of about half a billion citizens, and its combined economy represents about 20 percent of the world’s total economy (Briney, 2015). Today The European Union works as a single market, with free movement of people, goods and services from one country to another. There is a standard system of laws to be followed, and since 1999 many countries share a single currency called the Euro (Europa.eu, 2015). This essay will explore the background history of the European Union and the benefits and drawbacks of the European Union.

The European Union (EU) is the organization which integrates the countries listed below, both politically and economically. It is a customs union, which is an agreement amongst a group of countries to eliminate trade barriers between them on the movement of goods, services, labor and capital, and also to establish a common external tariff on goods and services coming into the union. The EU evolved from the European Coal and Steel Community (ECSC), which was formed in 1951 as a response to the First and Second World Wars to try to ensure future peace in Europe. This became the European Economic Community (EEC) in 1965, which in turn became the European

The European Union, EU, is a union that consists of 28 member states within the European continent. Being part of the EU allows member states/countries to enjoy more market opportunities by dealing with the same currency from an economical perspective. Member states deal with the Euro currency. This promotes free trade between member states which is beneficial for their boundary-less organizations. Businesses or the people within the EU can export their goods and services within member states increasing their market or imports when they face the problem of scarce resources. Hence, member countries of the EU benefit from increased market opportunity. Free trade, free commerce, no taxes, and free travel between its member countries; thus it creates a sense of nationalism. “Neo-functionalism is an

The European Union is the economic and political union, which consists of 28 democratic European countries: Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and United Kingdom. It is based on the principles of freedom, democracy, respect of the rights and general freedom of people, as well as on the principles of the constitutional state, which are shared within the country-members. This union is considered the most developed intergovernmental organization regarding to its power, effectiveness, and capacity to influence. Although, all those members

Europa (n.d. d) describing the single market and related policies stated that all borders between Member countries disappeared allowing the freely movement for goods, people and capital in order to stimulate industrial and economical extending within a large area. Grabtree (2007) researching the EU operation has found that the introduced unique currency called Euro has an advantageous impact on companies function and on economy in general. He stated that transfers became easier, costs more transparent and prices on goods became averaged in the whole union. Such strengthening of the economy brought stability and bright future. Moreover, because all economies became unified, countries gained the ability as a common body to overcome financial crises and agree on issues that mainly affect the economy. The Europa (n.d. e) also made a suggestion that such strengthening of economy made possible the financial help for poor regions that require the raising of life standard. Because of this reasons it is beneficial to a country to join the union.

The European Union (EU) legislation has gone through evolution through many treaties in order to establish a better democratic legitimacy of its legislative procedure. It has been discussed that the core elements of democratic legitimacy can be found in two dimensions, the input-dimension and the output-dimension. The input-dimensions focuses more on citizens’ rights and possibilities for participation and contestation, and their right to elect their own representatives. Besides that, the input-dimension also described that in order for democratic legitimacy to be achieved, the representatives within the EU must be accountable through transparent procedures of election and government in the representative in the system that must be in

European Union member states tend to be satisfied with their membership, as the benefits they perceive their nation to be receiving is in direct correlation to the economic benefits of EU membership. The Eurobarometer system provided charts, which graphed the statistical data of the questions asked throughout this analysis. Between the years 1994-2011 a question was asked to French and Czech citizens of their belief that EU membership had benefitted or not benefited their country overall. Data was not provided of the Czech response until 2004, as they were not European Union members until that initiation year. The

In the aftermath of the 1957 Treaty , the European Economic Community (EEC) was established and customs barriers between the member states have been abolished. Member States throughout the Community, can “promote a harmonious development of economic activities, a continuous and balanced expansion, an increased stability, an accelerated raising of the standard of living and closer relations between them”. Therefore, in order for a common market to be established between Member States, the Community enacted some legislative provisions which aimed to a true harmonization of laws; incorporate different legal systems under a basic legal framework. The main issue arising is whether these legal provisions in accordance with the case law, ensured the free movement of goods within this market.

The Unified monetary policy has been considered as the most impressive step into the practical Europeanisation, by which Euro citizens has not only felt the changes in daily life, but potentially internalised the positive concept that being part of EU will bring more happiness to next generations. A continuous debate between convergence and divergence within European continent had remained controversy and unresolved along with several significant agreements made due to the predicted economic advantages, including the boundary breaking-down of tariff and regulations resulting in more convenience for international transactions, and utilising single monetary for saving additional costs of currencies exchanges(Gabel and Palmer, 1995), and so

The european union is a economic as well as a political partnership between 28 different countries located in Europe (Euabc). The Creation of the European union was caused due to the disruption of the Second World War. The Treaty of Rome was the initial treaty introducing the EEC, Its main aim was to create economic cooperation between many of the states so that the countries could trade interdependently and create the least possibility of conflict between the different countries. The result was the creation of the European Economic community aka EEC which was created in 1958 which had created economic cooperation between Belgium, Germany, France, Italy, Luxembourg and the Netherlands. Since then this has grown into interdependent economic cooperation between many countries and potentially looking to increase its cooperation with other countries located in Europe. One of the EU’s goals include the promotion of human rights. The Lisbon Treaty of 2009 enforces the core values of Human dignity, democracy, freedom etc. These aspects are minded together as the basic law for Human rights. Today the main aims of the EU include as such: The promotion of Peace and well being of the unions citizens, The are of freedom, security and justice, Sustainable development, a social market economy and a free single market. (Euabc)

One of the main objectives of the European Union (EU) is the establishment of the internal market, which shall consist of “area without internal frontiers in which the free movement of goods, persons, services and capital is ensured. The internal market is based upon a customs union achieved through the abolition of the imposition of customs duties and charges having an equivalent effect and the prohibition of discriminatory taxes on intra-EU imports. The internal market is enhanced by the provisions on free movement of workers, freedom of establishment, free movement of services, and free movement of capital. Whereas Articles 28 to 30 of the Treaty on the Functioning of the European Union (TFEU) provide for the establishment of an EU common external tariff and the elimination of customs duties, Articles 34 and 35 of the TFEU (with exceptions under Article 36) go further, and prohibit quantitative restrictions and measures having equivalent effect. Taken together, Articles 28 to 32 and 34 to 36 serve to ensure the free movement of goods within the EU and to facilitate the operation of the internal market.

People have created unions many times but not all of them were successful, specifically when we consider alliances among number of countries with different economics, political systems and culture. For instance, last century brought both the biggest collapse and the most promising union in the modern history. Although U.S.S.R has disappeared from geographical maps, some of its members joined another alliance. The European Union (EU) is an economic and political partnership that united 28 countries on the European part of Eurasia and represents a unique form of cooperation among members today.

The European Union (EU) was established in order to prevent the horrors of modern warfare, experienced by most of Europe during the World Wars of the 20th century, from ever ensuing again, by aiming to create an environment of trust with the countries of Europe cooperating in areas such as commerce, research and trade (Adams, 2001). The EU has evolved into an economic, trade, political and monetary alliance between twenty-eight European Member States. While not all Member States are in monetary union (i.e. share the currency of the euro), those that are form the ‘Euro-zone’ (Dinan, 2006). The EU can pass a number of types of legislation, with a regulation, act, or law, being the most powerful. Its ‘tricameral’ (European Union, 2007)

EU does is about bringing people in Europe closer together. It tries to make it easier for Europeans to buy and sell things to each other. This is done by changing the rules that control trade. The Union is founded on the values of respect for human dignity, liberty, democracy, equality, the rule of law and respect for human rights, including the rights of persons belonging to minorities. Moreover, the societies of the Member States are characterised by pluralism, non-discrimination, tolerance, justice, solidarity and equality between women and men. These values play an important role, especially in two specific cases.