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The European Union 1

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  1. The European Union 1 All photographs and graphics courtesy of European Commission Audiovisual Library http://europa.eu.int/comm/mediatheque/photo/index_en.html

  2. The European Union

  3. The EU, USA and Japan Comparison between Japan-EU-USA population, share of world GDP, share of world trade

  4. Institutions

  5. Political • EU Parliament – Currently 785 MEPs. Based in France, Belgium and Luxembourg • Passes laws, monitors budget, monitors EU institutions • EU Council– Ministerial representations from each member state • Passes laws, approves EU budget, co-ordination of economic policies, develops foreign policy, co-ordinates anti-crime strategies • EU Commission– 20 Commissioners appointed by each member state every 5 years • Proposes legislation, implements EU policies, law enforcement, international co-ordination

  6. Financial • European Central Bank – inflation target of less than 2% per year, sets short term interest rates for the whole eurozone area, • Implements and monitors Eurozone monetary policy • European Investment Bank – ‘owned’ by member states. Raise finance through financial markets, • Invest in projects to promote aims of EU – large scale projects • Court of Auditors – monitors legality and efficiency of EU income and expenditure

  7. Legal • Court of Justice – one judge from each member state • Interprets and applies EU legislation

  8. Member States pre-Enlargement

  9. Member States Map reproduced with permission from www.theodora.com

  10. Cyprus Czech Republic Estonia Hungary Latvia Lithuania Malta Poland Slovakia Slovenia Enlargement - New Members

  11. Activities

  12. Agriculture • CAP – Common Agricultural Policy • Sustainablility • Food Quality • Animal Welfare • Food Safety • Control • Farmers welfare/incomes • Employment in agriculture

  13. Fisheries • CFP – Common Fisheries Policy • Conservation of fish stocks • Aid to fishing industry to cope with changing circumstances • Monitor supply and demand for fish • Negotiate with non-EU members on fishing issues

  14. Regions • European Regional Development Fund • European Social Fund • European Agricultural Guidance and Guarantee Fund • Financial Instrument for Fisheries Guidance • Aims to encourage development of poorer regions • Increase employment opportunities • Encourage new industry to locate in areas of structural decline • Develop infrastructure in poorer regions • Encourage new training methods and facilities

  15. Finance/Economics • Euro – monitor introduction and development • Tax Harmonisation – reduce differentials in tax regimes throughout the single market to aid competition and transparency • Single Market – free movement of goods, services, labour and capital between member states

  16. Eurozone 2001 Members of the Eurozone, 2001. UK, Denmark and Norway currently outside the zone