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    European Union

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    Keahlyn Boticario Capina
    The European Union (EU) is a political and economic union of 28 member states that operates as a single market. It was formed after World War II to promote peace and economic cooperation. The EU has a population of over 500 million people and a combined GDP of over $17 trillion. Key EU bodies include the Council, Parliament, and Commission, which work to implement uniform laws and regulations across members in areas like trade, agriculture, and regional development.

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    European Union

    Uploaded by

    Keahlyn Boticario Capina
    142 views15 pages
    The European Union (EU) is a political and economic union of 28 member states that operates as a single market. It was formed after World War II to promote peace and economic cooperation. The EU has a population of over 500 million people and a combined GDP of over $17 trillion. Key EU bodies include the Council, Parliament, and Commission, which work to implement uniform laws and regulations across members in areas like trade, agriculture, and regional development.

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    The European Union (EU) is a political and economic union of 28 member states that operates as a single market. It was formed after World War II to promote peace and economic cooperation. The EU has a population of over 500 million people and a combined GDP of over $17 trillion. Key EU bodies include the Council, Parliament, and Commission, which work to implement uniform laws and regulations across members in areas like trade, agriculture, and regional development.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    142 views15 pages

    European Union

    Uploaded by

    Keahlyn Boticario Capina
    The European Union (EU) is a political and economic union of 28 member states that operates as a single market. It was formed after World War II to promote peace and economic cooperation. The EU has a population of over 500 million people and a combined GDP of over $17 trillion. Key EU bodies include the Council, Parliament, and Commission, which work to implement uniform laws and regulations across members in areas like trade, agriculture, and regional development.

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    © All Rights Reserved
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    of 15

    EUROPEAN UNION

    WHAT IS THE EUROPEAN UNION


    (EU)?

     It is a group of 28 countries that operates


    as a cohesive economic and political block.
    Nineteen of the countries use the euro as
    their official currency.
    EUROPEAN UNION MEMBERS:
    Austria Hungary
    Belgium Ireland
    Bulgaria Italy
    Croatia Latvia
    Cyprus Lithuania
    Czech Republic Luxembourg
    Denmark Malta
    Estonia Netherlands
    Finland Greece
    France Germany
     Poland
     Portugal Romania
     Slovakia
     Slovenia
     Spain
     Sweden
     United kingdom
     The EU grew out of a desire to form a single European
    political entity to end the centuries of warfare among
    European countries that culminated with world war ll and
    decimated much of the continent.
     The European single market was established by 12 countries
    in 1993 to ensure the so-called four freedoms:
     the movements of goods
     services
     People
     money
    The EU’s gross domestic product (GDP)
    totaled $17.1 trillion (nominal) in 2017,
    which was $2.9 trillion less than the United
    States’ $20 trillion GDP, according to figures
    available from the World Bank.
    UNDERSTANDING THE EUROPEAN UNION

     The EU began as the European Coal and Steel


    community, which was founded in 1950 and had just six
    members.
     It became the European Community (EC) in 1957.
     The early focus of the EC was a common agricultural
    policy .
     A directly elected European Parliament took office in 1979.
     The Maastricht treaty took effect on November 1, 1993 and the European Union
    replaced the EC.
    WHAT IS THE FUNCTION OF
    EUROPEAN UNION ?
    The overall function of the European
    Union is to create and implement
    laws and regulations that integrate
    the member states of the EU. The
    countries of EU are supposed to have
    uniform laws and policies concerning a
    variety of things.
    GOALS
     Promote peace, its values and the well-being of its citizens
     Offer freedom, security and justice without internal borders
     Sustainable development based on balanced economic
    growth and price stability, a highly competitive market
    economy with full employment and social progress, and
    environmental protection
     Combat social exclusion and discrimination
     Promote scientific and social progress
     Enhance economic, social and territorial cohesion and
    solidarity among EU countries
     Establish an economic and monetary union whose currency is
    the euro
    HOW IS THE EUROPEAN UNION GOVERNED?

    The three main bodies:


     EU Council
     EU Parliament
     EU Commission
    THE EU IN THE WORLD
    Trade
     The European Union is the largest trade block in the world. It is the world’s
    biggest exporter of manufactured goods and services, and the biggest import
    market for over 100 countries.
    Humanitarian aid
     The EU is committed to helping victims of man-made and natural disasters
    worldwide and supports over 120 million people each year.
    Diplomacy and security
     The EU plays an important role in diplomacy and works to foster stability, security
    and prosperity, democracy, fundamental freedoms and the rule of law at
    international level.

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