The European Union ( Eu )

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 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 family of democratic European countries working together to improve life for their citizens and to build a better world. In just half a century it has delivered peace and prosperity in Europe, a single currency and a frontier-free 'single market ' where people, goods, services and capital can move around freely. It has become a major trading bloc, and a world leader in fields such as environmental protection and development aid.

It is difficult to ascertain whether or not the European Union is democratically legitimate on the basis that the concept of democracy appears to be evolving over time. The fact that the European Union is a unique entity, a ‘supernatural union of sovereign states’ also makes it difficult to establish whether it is in fact truly democratic as there is no other entity to compare it to. The common conception is that there are two primary types of democracy. Direct democracy, where by the citizens of the state have the law making power and representative democracy, in which the power of the people is delegated to elected representatives. Article 2 of the TEU provides that the European Union is “founded on the values of respect for human

The European Union (EU) does not have an unlimited power to act. The limits of Union competences are governed by the principle of conferral. Under the principle of conferral, the Union shall act within the limits of the competences conferred upon it by the Member States (MS) in the Treaties. The central debate about competence is with regard to the principle that the EC operates within the confines of attributed powers tends to be obscured by an open-handed reading of the matter in practice. The Articles of EC are broadly worded, with little restrictions. For example, Article 95 EC provides the Council the power to pass directives and regulations so as to facilitate harmonization of the internal market. It is a residual provision that operates, “save where otherwise provided in this Treaty”. This could be translated as a general power of regulating the market. Also Article 308 EC empowers the Community to legislate where it is “necessary to attain, in the course of the operation of the common market, one of the objectives of the Community and this Treaty has not provided necessary powers”. These broadly framed Articles can be dangerous because it becomes impossible to have a clear conceptual outer limit to the residual provisions. In addition, subsidiarity and proportionality have not performed well as devices for restraining the political desire to exercise a competence once granted. The malady is captured by the catchphrase competence creep.

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)

Following United Kingdom membership to the European Union in 1973 alongside other European states, further economic integration of the states lead to the Maastricht agreement of 1992 . The central feature of the agreement was the incorporation of the European monetary union (EMU) the EMU was based on four financial principles of inflation, long-term interest rates, fiscal debt and deficit and exchange rate. The aim of the Union was to harmonise trade and economic relations across member states and as such the EMU imposed restriction on infrastructure investment through strict borrowing limits. As a member state Britain had to comply with the four criteria despite the pressure it placed on its public borrowing and financing of infrastructure. To meet its social responsibility the United Kingdom government started the private finance initiative.

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.

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Through a historic nationwide referendum on June 23, the outright majority of Britons chose to ignore forecasts of financial doom and diminished global clout to opt out of the European Union (EU). In the process, they tuned out world leaders like US President Barack Obama, who had warned free-agent Britain would start at the “back of the queue” for bilateral trade deals, and financial gurus including Bank of England governor Mark Carney who grimly predicted a recession if the UK quit the union. The final tally showed 30 million people voted in the referendum, a 72% voter turnout, and 52% of them said,“Sayonara, EU.”

The European Union is a political and economical union that operates an internal market. This allows free movement of goods, capital, services and people between states that are members of the European Union. The European Union, normally referred to as the EU, is made up of 28 countries. These countries include, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK. (Countries in the EU and EEA)

European Union is a political and economics organization,which consist of 28 countries.It was established by 6 European Countries.The UK joined to EU 1 January 1973 with Denmark and Ireland.EU provides freedom movement of people services capital with standart legislation for member countries.All of these standarts could lead to opportunities such as,free movement.competitive trading(www.europa.eu-official website of EU).According to the official website ‘The EU’s economy measured in terms of goods and services(GDP:Gross Domestic Product) is now bigger than US’s:EU GDP in 2012 (i.b.i.d).All of positive features of EU,nevertheless Currently,It is loudly discussed to withdraw EU in the UK as Prime Minister David Cameron said in 2013 (newspapers).

The European Union was created by the idea and hope for unity and integrity. However, as it enlarges to 28 countries, many problems arise. The Union 's inability to find its place in the divided and dynamical modern world leads to it having more of a supportive role to greater powers as Russia and the US. The countries within it are severely divided and unable to reach a common strategy concerning major issues and if they not resolve this lack of coherence, the EU risks to be pushed in the sidelines and to lose its international reputation as a consolidated unity.

Luxembourg is a small country located in between France, Germany, and Belgium. This small country also is one of the founding countries of the European Union. Despite not being vocal as some of the more significant countries, Luxembourg still impacts the European Union. The Council of the European Union, the co-legislative body, has each of the twenty-eight member states rotating as the president of the European Union. The president is not a person, but rather one of the member states. Every 6 months a new member state sets the agenda and leads the Council. Member states try to push agendas in favor of their country. Luxembourg has last held the presidency from July to December 2015. During this presidency, Luxembourg pushed focus on the single market’s digital dimension and the migrant crisis facing the European Union. These major concerns do not only concern the European Union but also Luxembourg. A major concern of the European Union not too long ago was the Euro crisis. Luxembourg was thankfully not as impacted by the Euro crisis, but it did impact the EU in its entirety. The European Union and member states like Luxembourg experience a dynamic relationship; the choices and events impacting the EU also impact that member state and the interests of member states like Luxembourg impact the European Union. Despite its stature in the EU, Luxembourg has a principal role as any other country in the European Union.

The European Union was formed after WW2 in the late 1940s. The main purpose behind the establishment of the European Union was to end the period of wars between neighbouring countries and unite all of Europe as one strong economy. The nations officially started joining the European Council in 1949. The initial six nations that acted as founding members for the European Union were Belgium, France, Germany, Italy, Luxembourg and Netherland (European Commision, 2014). Overtime, more nations joined in and united 28 countries till 2015. The additional countries that joined in included Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom (European Commision, 2015).