The EU and its Borders

Posted by on February 2, 2018 in Blog, The Euro, The European Union | Comments Off on The EU and its Borders

The EU and its Borders

Europe has always been a diverse collection of different cultures, languages, peoples, ideals, religions, laws etc. There is no common thread to the countries that are included as part of the EU apart from they happen to be on the same continent. In fact, some people of Europe have more in common with other continents such as Asia, North America and North Africa, so when the European Union was first thought of there were many skeptics that this Union could ever work properly.

The European Union

The European UnionEU is a unified trade and fiscal gathering together of twenty-eight-member countries. Its main purpose is to be strong in a global marketplace. The difficulty is the balance of both political and fiscal policies that can be agreed upon by all member states. The member states of the EU are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. This Union will drop to twenty seven members when Brexit will mean the UK will leave the European Union. As you can see from the list the list of member states there are many countries that have vast differences between them. From small rural communities with high unemployment, to vast prosperous industrial nations with advanced social benefits for their citizens.

The Working Mechanics

The EU operates by eliminating borders, this allows both people and goods to move freely around the member states. The EU gives benefits to its members such as, research, protection, energy and development. Therefore, contracts in the public domain are open to be bid for by any state, and anything made in one country can be sold in a fellow EU country with no duties. All taxes have been standardized, and workers with professional and nonprofessional qualifications have the ability to move freely between the member states to look for work.

Government

The EU is governed by three bodies: The EU Council is the representation of the member states governments. The EU Commission is the workforce ensuring the members follow all policies laid down. The EU Parliament is elected by the states.

This is how the laws are dictated and are governed:

  • The Council lays down all policies and brings in new laws and regulations. The leader or president of the EU changes every six months.
  • The Parliament is the debating chamber, it approves the laws, and its members are in residence for five years.
  • The Commission is responsible for making sure the laws are abided with.

The Euro

The Euro is the common currency that member states have adopted, after the US Dollar it is the second most commonly held currency in the world. Its existence means there is no currency exchange involved in EU member states trading with each other. The European Union has been a success although there are certain members and countries that exist in Europe that do not want to be a part of it. Obviously, such a diverse collection of nations is bound to throw up differences, and one of the EU’s biggest problems is the smooth integration between member states of its policies.