The European Union ( Eu )

2189 Words May 22nd, 2016 9 Pages
The European Union (EU) is composed of twenty- eight European countries. Since its inception in the early 1990’s, the EU has moved major European countries towards economic cooperation. Lately, the fundamental and economical disparity of some of these countries, specifically Germany and France has caused dissent within the Union. The debate over fiscal policy, in particular, austerity implementation has left the two European powerhouses at odds on the best possible way to regain regional stability. This paper will seek to shed light on as to why these two countries have such differing views of austerity and to describe the issues that arise due to them.
France is considered to be a modern European country. It is a member of the UNSC (United Nations Security Council), the G-8, the G-20, NATO and the EU. France’s governmental system consists of a hybrid presidential-parliamentary system. France is the most visited country in the world and is estimated to contribute to the EU budget 19.674 billion Euros. On the opposite side, the EU spends approximately 13.479 billion Euros on France (Europa).
Germany is also considered to be a modern European country. They are also part of the UNSC, the G-8, the G-20, NATO and the EU. Germany utilizes a federal parliamentary republic system. With regards to the EU, Germany has held the alternating presidency for the Council of the EU eleven times between 1958 and 2007. Some of its strongest economic sectors in 2014 were industrials, defense,…

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