International Financial and Economic Organizations GEED 151. Lecture 5: EUROPEAN UNION http://europa.eu. 1. Why the European Union?. Peace Safety and security Economic and social solidarity Working more closely together to promote the European model of society. 2. Historic steps.
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19 December 1989: the EU sets up a programme known as Phare, for providing financial and technical assistance to the countries of central and eastern Europe.
3 and 16 July 1990: Cyprus and Malta apply for EU membership.
22 June 1993: the Copenhagen European Council lays down the criteria for joining the European Union.
31 March and 5 April 1994: Hungary and Poland apply for EU membership.
1995: applications received from Slovakia (21 June), Romania (22 June), Latvia (13 October), Estonia (24 November), Lithuania (8 December) and Bulgaria (14 December).
1996: applications received from the Czech Republc (17 January) and Slovenia (10 June).
12-13 December 1997: the Luxembourg European Council decides to launch the enlargement process.
10-11 December 1999: the Helsinki European Council confirms that accession talks will be held with 12 candidate countries. Turkey is considered to be a candidate country “destined to join the Union”.
13 December 2002: the EU reaches agreement with 10 candidate countries that they can join on 1 May 2004.
16 April 2003: the 10 accession treaties are signed in Athens.
1 May 2004: the 10 new member states join the EU.
December 2004: decision on whether to start accession talks with Turkey.
2007: the year set by the Copenhagen European Council for Bulgaria and Romania to become EU members.
The minimum number of votes required to reach a qualified majority is 62 out of the total of 87 (i.e. 71.3%).