European Union Essay

Submitted By jessicaelysee
Words: 618
Pages: 3
Open Document
There are many different types of council and courts that help make the European Union function as a whole. Without all of these councils and departments the European Union would fail and not be able to sustain itself. These different councils set up rules, laws, enforce the rules and laws and try to be as fair for all countries within the European Union. The European Commission proposes legislation and help implements decisions. The current President of the European Commission is Jose Manuel Barroso from Portugal. There are 27 people from every country in the European Union that are on the European Commission and together they work to help create and pass laws while working with European Parliament and the Council of the European Union. Each member of the European Commission has a specific specialty that makes them more unique and concentrated on the commission.
The European Council is the body that provides guidelines for EU states. It is made up of state heads or prime ministers of the EU states. The council meets twice every six months and is currently headed by Belgian Prime Minister, Herman Van Rompu.
The 754 member European Parliament is elected by EU voters every 5 years and elects President of the European Commission. Their roles are to pass European laws with the council, evaluated the effectiveness of EU institutions and adopting the EU budget with the Council.
The European Central Bank is the bank for the Euro. The Central Bank and national banks of other countries make up the Eurosystem.
The European Court of Justice contains one judge from every EU state who is elected every 6 years, resolves conflicts between national legal systems, and checks to make sure EU law is practiced equally among the states. The five most common cases involve interpretation of EU law, failing to apply EU law in the individual state, not fulfilling an EU obligation, violating EU human rights treaties, and lawsuits against EU decisions and actions.
The European Monetary System was created in 1991 to integrate the European markets into one big market. It coordinates economic policies amongst state members, and advises and assists with individual fiscal policies, especially in regards to debts and deficits. The Euro is the second largest currency in use as of now and one euro is equal to $1.27. It has surpassed the US dollar in value since 2002 and is used by 330 million
Show More

Related Documents: European Union Essay

The European Union Essay

The European Union The European Union is an economic and political union of 27 member states that are located primarily in Europe. The European Union is a society in which people come together in order to keep peace and security within their nations. The Union was officially founded in 1935 by 5 countries. “Germany, France, Italy, Romania, and Sweden.” The sole purpose of the European Union is to create a united Europe and to allow freedom of movement and enterprise mainly amongst the unions members…

Words 1654 - Pages 7

The Development Of The European Union

development There are currently 27 countries in the European Union. They stretch across the continent from the sub-Arctic to the Mediterranean, and from the Atlantic to the Black Sea. Given the vast geographical spread it is no great surprise that there are some clear variations in the levels of development between the countries of the European Union. Look at Figure 1. It lists the Gross Domestic Product (GDP) for the 27 countries in the European Union. GDP is a commonly used measure of a country’s…

Words 397 - Pages 2

The European Union Essay

democratically agreed by all member countries. These binding agreements set out the EU's goals in its many areas of activity. The EU has delivered half a century of peace, stability and prosperity, helped raise living standards, and launched a single European currency, the euro. The single or 'internal' market is the EU's main economic engine, enabling most goods, services, money and people to move freely. According to Hill (2013), Economic integration is the key for the survival of the EU. While the…

Words 563 - Pages 3

European Union Position

European Union Position Paper Sweden Sweden is a constitutional monarchy with strong liberal policies and programs. Our stance on the current global financial crisis is a plan that involves a stability package that will give loans out from the government; it is expected to right our economy (which hasn’t suffered all that greatly) within two years. We’d like more supervision from a worldly perspective in the future, but no intervention. The security concerns that face Sweden are mostly…

Words 389 - Pages 2

European Union Research Paper

The European Union was created with the goal of ending the brutal wars between neighbors, which escalated during World War ll. Europeans were determined to prevent massive killing and destruction from ever happening again. West European nations constructed the Council of Europe in 1949. The six founders of the European Union are Germany, France, Belgium, Luxembourg, Italy, and the Netherlands(Theodora). In 1957, the six founders expanded cooperation to different economic sectors. They devised and…

Words 2619 - Pages 11

Case Study On The European Union

Madden Case study: EU The EU is a unique economic and political partnership between 27 European countries that together cover much of the continent. It was created in the aftermath of the Second World War. The first steps were to foster economic cooperation: the idea being that countries who trade with one another become economically interdependent and so more likely to avoid conflict. The result was the European Economic Community (EEC), created in 1958, and initially increasing economic cooperation…

Words 503 - Pages 3

Essay on European Union and Title

Title:Date:Description:URL: | 8 | Mrh 4 | 1- Title: Lithuania signs agreement on common patent courtDate: February 20, 2013Description: Lithuania’s Minister of Economy Birute Vesaite signed the EU agreement on a common patent court during the meeting of European Union Competitiveness Council in Brussels. The signed agreement is to create unified patent court and to set common rules of patent disputes investigations. The establishment of unified patent court is a very important step in creating common patent…

Words 1215 - Pages 5

European Union Law Essay

Freedom of Establishment It is as per the basic principle of freedom of establishment and the same also has a basis in Articles 49-55 of the TFEU. For a clearer understanding of the concepts of freedom of establishment for nationals of particular state trying to setup up business in another member’s state, relevant facts of Article 49 and Article 54 should be looked at. To better understand the freedom of establishment, Article 49 and Article 54 tend to be read together. As per Article 49 restricting…

Words 1846 - Pages 8

The Pros And Cons Of The European Union

The EU still holds a significant position in global economy According to Europa (nd), the European Union (EU) is a politico-economic union of 28 member states which is headquartered in Brussels, Belgium. The EU was emanated from the aftermath of the Second World War. Its original organisation is the European Economic Community (EEC) that was initially aimed to boost economic cooperation and avoid repeated wars which destroy economy to a large extent. This paper mainly focus on the significant position…

Words 1420 - Pages 6

Essay on European Union Currency

1. Title – Six of One Half Dozen of Another 2. Topic – European History/Economics, The Euro 3. Objective – Students will demonstrate an understanding of the factors involved in determining the overall value of currency in today’s world economy. This lesson can be used as the culminating activity in a unit on the motivation for establishing the Euro as the currency for the European Union, and its growth and development. 4. Key Vocabulary – interest rates, employment outlook, economic growth…

Words 490 - Pages 2