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The European Union

The European Union

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Published by: api-522706 on Apr 13, 2008
Copyright:Attribution Non-commercial

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11/15/2013

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The European Union
Development

\u2022First successful regional organization
(1957) European Economic Community
(EEC)

\u2022EEC became European Community (EC)

(1986)
\u2022EC became European Union (EU) (1993)
\u2022Essentially borderless, once inside the EU
\u2022Freedom of movement of capital, labour,

services, people
Three Pillars of Responsibility
\u2022First Pillar
\u2013Areas where member states have given up
some degree of sovereignty to EU institutions

\u2022Customs union
\u2022Agriculture policy
\u2022Environmental policy
\u2022Competition and trade policy
\u2022Fiscal and monetary issues

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