2 What is the EU?A unique political and economic community made up of more than 25 member nations.ConfederationIndividual countries control their own lawsEuropean Union makes decisions only on issues that affect the entire group.Founded to encourage trade in EuropeThe EU is “a family of democratic European countries, committed to working together for peace and prosperity.”
3 What is the EU? The EU has its own: CurrencyTrade policyGovernmentEconomic systemAgricultural & environmental policiesMember nations work closely together on policies that affect the entire community, while maintaining their individual governments.Similar to how the United States has a federal government and individual states.
4 Member Nations Austria Belgium Bulgaria Cyprus Czech Republic Denmark EstoniaFinlandFranceGermanyGreeceHungaryIrelandItalyLatviaLithuaniaLuxemburgMaltaNetherlandsPolandPortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom.
6 Why was the EU formed? The EU’s history lies in the aftermath of WWII. Developed to foster integration within Europe and avoid extreme forms of nationalism.Unite France and Germany economically and politically to ensure peace. . . Not really on friendly terms after WWII.Focus was to prevent the killing and destruction witnessed during WWII from ever happening again.
7 What is the purpose of the EU? Create a peaceful, stable environment between European countries.Strong relationships between member nationsWealthier countries have shared their wealth with poorer countriesPromote free trade among members leading to one common marketRemoved all tariffs – has improved trade and standard of livingWorkers are allowed to cross borders to work in other EU countriesEstablishment of the Euro – makes trade easierHelp ensure the safety and security of member nationsCooperate and assist each other in social issuesIe. Preserving the environment and human rights
8 EU Economics13 member nations use the Euro – typically poorer economic countriesEuro = common currency of the EUBills are the same1 side of the coins represent the country they are from – the other side is standardIn these countries, one currency is used, allowing for easier trade from one country to another.How does the Euro improve trade in Europe?Removal of trade barriers and border controls have enabled countries to be more competitive with each other Improve economic stability and standard of living.
9 Interesting Facts… The EU began in 1957 with 6 nations. “Europe Day” is celebrated May 9 to honor the day in 1950 that the idea of an organized Europe was introduced.The European anthem is taken from Beethoven’s Ninth Symphony (“Ode to Joy”).