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European Union (EU)

"The EU must be saved at all cost despite a possibl..."

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The European Union (EU) is an economic and political union of 28 member states that are located primarily in Europe. The EU operates through a system of supranational independent institutions and intergovernmental negotiated decisions by the member states. Institutions of the EU include the European Commission, the Council of the European Union, the European Council, the Court of Justice of the European Union, the European Central Bank, the Court of Auditors, and the European Parliament. The European Parliament is elected every five years by EU citizens. Brussels is de facto the capital of the union.

The EU traces its origins from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), formed by the Inner Six countries in 1951 and 1958, respectively. In the intervening years the community and its successors have grown in size by the accession of new member states and in power by the addition of policy areas to its remit. The Maastricht Treaty established the European Union under its current name in 1993. The latest major amendment to the constitutional basis of the EU, the Treaty of Lisbon, came into force in 2009.

The EU has developed a single market through a standardised system of laws that apply in all member states. Within the Schengen Area (which includes 22 EU and 4 non-EU states) passport controls have been abolished. EU policies aim to ensure the free movement of people, goods, services, and capital, enact legislation in justice and home affairs, and maintain common policies on trade, agriculture, fisheries, and regional development.

The eurozone, a monetary union, was established in 1999 and came into full force in 2002. It is currently composed of 18 member states that all use the euro as their legal tender. Through the Common Foreign and Security Policy the EU has developed a role in external relations and defence. Permanent diplomatic missions have been established around the world. The EU is represented at the United Nations, the WTO, the G8, and the G-20.

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geopolitics.panjury.com

Geopolitics is a method of studying foreign policy to understand, explain and predict international political behavior through geographical variables. These include area studies, climate, topography,...

img Leighton Will posted a review

If the European Union and the euro currency collapses we are looking at a new great depression. The product of the previous great depression, also caused by America, was Nazi Germany and the second world war. We are already seeing populist nationalist movements with fascist undertones crop up in Europe, and Trump seems intent on nurturing them, so it seems like the end result will be a repeat of what happened the last time.

And even if something like that would not happen, Europe will be manipulated by the other great regional powers and superpowers like Russia, the US and China. No single European country can stand up to them as an equal, just look at how pathetically Theresa May is sucking up to Donald Trump already, as the UK prepares to leave the EU.

Only if we speak together, does Europe stand a chance to still be relevant in the world and not become just a collection of vassal states of the other great powers. But it's our choice at the end of the day, and it's not looking like we are in the habit of making good choices these days.

on February 1, 2017
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European Union (EU)

The EU must be saved at all cost despite a possibly gloomy future
Book rating: 46 out of 100 with 1 ratings