• 28 Member States • More than 500 million citizens • Current candidates for EU membership: Albania, the Former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey • Economy • EU has a share of around 14% of the global GDP(PPP) • In 2020, the combined GDP of E.U is $ 20 trillion • 19 member states of E.U are part of the Eurozone. Euro is used as the common currency in the Eurozone. • Euro is the 2nd most traded currency in the world. EU's main principles • Common values: respect for human dignity, freedom, democracy, equality, rule of law, human rights, pluralism, non-discrimination, tolerance, justice, solidarity
• Aim: to promote peace, the Union's values and the
well-being of its people
• 4 freedoms: free movement of people, goods,
services and capital The key stages in the EU's history The 1950s – the Post-war reconstruction • 1951: foundation of the European Coal and Steel Community (ECSC):European nations formed the European Community of Coal and Steel on April 18, 1951(six countries sign a treaty to run their coal and steel industries under a common management).
• Later, in 1993, it was renamed the European Union.
6 Member States: Belgium, France, Germany, Italy, Luxembourg and the Netherlands Rome Treaties • 1957: Rome Treaties – birth of the European Economic Community (EEC) and European Atomic Energy Community(Euratom)
• Common Assembly of the European Coal and
Steel Community was replaced with European Parliament on 30 March 1962. •The 1960s - laying the groundwork 1960: creation of the European Free Trade Association (EFTA) to promote free trade and economic integration) • 1961 – The Berlin Wall is built • The communist government in East Germany builds a wall across Berlin. • 1962: launch of the Common Agricultural Policy (CAP) The first common agricultural policy gives EEC countries joint control over food production. • 1968: Abolition of custom duties. 6 Member countries removed customs duties on goods imported from each other, allowing free cross-border trade for the first time. The 1970s • 1973: 1st enlargement – Denmark, Ireland and the United Kingdom join the EEC Europe now has 9 Member States • 1973 – Oil crisis hits Europe • Following an Arab-Israeli war in October, Middle East oil-producing nations impose big price increases and restrict sales to certain European countries. This creates economic problems throughout the EEC. • 1979: 1st election of the European Parliament • European citizens directly elect the members of the European Parliament for the first time. The 1980s – Fall of Communism & Expansion of EU • The end of the decade sees the collapse of communist regimes in Central and Eastern Europe. • Enlargement to Southern European countries: Greece (1981), Spain and Portugal (1986) Europe now has 12 Member States • 1986: The Single European Act modifying the Treaty of Rome is signed • 1989 – Fall of the Berlin Wall • Germany is united after more than 40 years, and its Eastern half joins the European Communities in October 1990 The 1990s: A Europe without frontiers • The 1990s is also the decade of 2 treaties – the Treaty on European Union (Maastricht Treaty) in 1993 and the Treaty of Amsterdam in 1999. • 1992: Maastricht Treaty -The ‘European Union’ is officially created by the treaty, which enters into force on 1 November 1993. • 1993: The Single European Market -The single market and its 4 freedoms are established, freedoms of free movement for people, goods, services and Capital., A Europe without frontiers… • 1995: The Schengen Agreement -in 7 countries - Belgium, France, Germany, Luxembourg, the Netherlands, Portugal and Spain, travellers can move without passport . By 2021, 26 countries are part of the passport-free Schengen area • New enlargement - Austria, Finland and Sweden join Europe now has 15 Member States • 1 January 1999 – The euro is born- The euro is introduced in 11 countries for commercial and financial transactions only. First decade of the 21st century: The biggest enlargement • 2004: enlargement to Central and Eastern European countries - 10 new Member States join: Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia Europe now has 25 Member States • 2007: Bulgaria and Romania join Europe now has 27 Member States • 2013: Croatia joins Europe now has 28 Member States The first decade of the 21st Century • A challenging decade: The global economic crisis strikes hard in Europe. • In 2012, the European Union is awarded the Nobel Peace Prize. • Immigrants issue: Unrest and wars in various countries lead many people to flee their homes and seek refuge in Europe • Climate change is at the top of the agenda and leaders agree to reduce harmful emissions. • Croatia becomes the 28th member of the EU in 2013. But in a referendum (52%) in 2016, the United Kingdom votes to leave the EU. On 31 January 2020 , after 47 years, United Kingdom left the EU The European institutions European Union Decision Making Bodies • The 7 important decision-making bodies of the European Union are listed below. • European Parliament • European Council • European Commission • Council of the European Union • Court of Justice of the European Union • European Central Bank • European Court of Auditors. The European Parliament • It is the apex body • It is one of the 3 legislative institutions of the E.U. • On the basis of proportional representation, Members of the European Parliament are elected by European Union citizens every 5 years
• Monitors the budget of the EU (with the Council) and
supervises policies of the EU institutions
• Has 751 members elected
The European Council • Political direction for the European Union is given by the European Council. • The European Council consists of the elected heads of the EU countries. • However, they do not pass EU laws The Council of the European • Union It has executive powers like addressing common foreign and security policy.
• Co-legislates with the European Parliament (amends,
adopts or rejects the Commission’s legislative proposals)
• Consists of ministers from the 28 Member States
The European Commission • European Commission acts as the executive arm of the European Union. It is responsible for the day to day functioning of the European Union.
• European Commission is considered as the
guardian of the treaties signed.
• It also has legislative powers like proposing laws for
debate. Other EU institutions and bodies • The Court of Justice of the European Union • The European Central Bank • The European Court of Auditors • The European Economic and Social Committee (EESC) • The European Committee of the Regions