What Is the European Union and Why Does It Matter to You?

1026
John Davidson
What Is the European Union and Why Does It Matter to You?
  1. Why is the European Union Important?
  2. What is the European Union and what is its purpose?
  3. What does EU do for me?
  4. What makes the European Union unique?
  5. What are the disadvantages of being in the European Union?
  6. Which country benefits the most from the EU?
  7. Which countries have left the European Union?
  8. Why is Norway not in the EU?
  9. What are the advantages of using the euro?
  10. How successful is the EU?
  11. How is the EU relevant to your daily life?
  12. What are the EU 27 countries?

Why is the European Union Important?

The EU plays an important role in diplomacy and works to foster stability, security and prosperity, democracy, fundamental freedoms and the rule of law at international level.

What is the European Union and what is its purpose?

According to the European Union's official website, the union's purpose is to promote peace, establish a unified economic and monetary system, promote inclusion and combat discrimination, break down barriers to trade and borders, encourage technological and scientific developments, champion environmental protection, ...

What does EU do for me?

The EU protects all minorities and vulnerable groups, and stands up for the oppressed. Regardless of a person's nationality, gender, language group, culture, profession, disability or sexuality, the EU insists on equal treatment for all.

What makes the European Union unique?

Hence, the EU is a unique political system because it “governs without government” but also has a democratic tradition through its member states. ... Thus, the binding nature of most of the provisions and decisions made by the EU, as ensured by the judiciary, characterise it as a federal state.

What are the disadvantages of being in the European Union?

List of Disadvantages of the European Union

  • High cost of membership. Becoming a member of the EU does not come cheap. ...
  • Problems with the policies. Operating as a single market and following common policies resulted in many discrepancies. ...
  • Problems with the Single Currency. ...
  • Overcrowding due to immigration.

Which country benefits the most from the EU?

Germany, topping the ranking, put in 17.2 billion Euros more than it got out. Poland was the biggest monetary benefactor from the EU, coming out with 11.6 billion euros earned, far ahead of Hungary (5 billion Euros) and Greece (3.2 billion Euros).

Which countries have left the European Union?

Three territories of EU member states have withdrawn: French Algeria (in 1962, upon independence), Greenland (in 1985, following a referendum) and Saint Barthélemy (in 2012), the latter two becoming Overseas Countries and Territories of the European Union.

Why is Norway not in the EU?

Norway has high GNP per capita, and would have to pay a high membership fee. The country has a limited amount of agriculture, and few underdeveloped areas, which means that Norway would receive little economic support from the EU. ... The total EEA EFTA commitment amounts to 2.4% of the overall EU programme budget.

What are the advantages of using the euro?

Benefits of the Euro

  • Lower transaction costs. ...
  • Price transparency. ...
  • Eliminating exchange rate uncertainty. ...
  • Improved trade. ...
  • Improvement in inflation performance. ...
  • Low-interest rates. ...
  • Inward investment. ...
  • Benefits to the financial sector.

How successful is the EU?

The EU has been a success in ensuring cooperation between its member states. Its institutions facilitate diplomatic negotiations in a rule-based and efficient manner. ... Nevertheless, the EU can make decisions and shape policies only if it has the required authority, and if member states agree.

How is the EU relevant to your daily life?

You can travel, study, work and live in any EU country. Anyone can decide where they want to live or look for work. Free movement of people is possible thanks to the EU´s single market. The EU has removed barriers to free trade between its members.

What are the EU 27 countries?

The EU countries are: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.


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