Europian Union(Eu)

8/2/2019 Europian Union(Eu)

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European Union

Prepared by :- ANANT KUMAR JHA,ANANT KUMAR JHA



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European union •European union is a type of economic union and politicalunion of 27 European countries they are integrated for freeexchange of goods and services with in the union countries.

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EVOLUTION OF EU •After world war 2 European countries want to economicaland political stability in Europe.•The idea of European union was proposed by Frenchforeign minister Robert Schumann (1950)

• In the initial stage OEEC was established , six countriesare integrated their economic (West Germany, France, Italy,Belgium, Netherland and Luxembourg)•The European coal and steel Community (ECSC) and the

European Economic Community (EEC), formed by sixcountries .•The European Union was formally established when theMaastricht Treaty came into force on 1 November 1993 .

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Structure of EU Presently the EU includes 497 million people and has 23

official language .

EU Headquarters :- Brussels, Belgium major institution of the European union :-

1)European parliament (elected by the people of the memberstates)2)Council of the European union (representing thegovernments of the member states)3)Presidency (rotates every six months among membercountry)4)European commission(driving force and executives body)5)Court of justice (ensuring compliance with the law)

6) Court of auditors( controlling and managing the EUANANT KUMAR JHA



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OBJECTIVES OF EU

Promoting economic and social progress, achievingthe single market and single currency.

Affirmation of European identity on the internationalhumanitarian aid for countries, foreign policy andsecurity policy, involvement in resolving international

crises.The introduction of European citizenship: complementsnational citizenship and provides a European citizencertain civil and political rights.

To develop an area of freedom, security and justice: the

free movement of persons. The existence and consolidation in the law: all the legaltexts adopted by the European institutions together withthe founding treaties.

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Single European act Single European act signed in 1987.It create single market for European countriesThe single market was accomplished through the fourfreedom:-

Freedom of movement of goodsFreedom of movement of peopleFreedom of movement of servicesFreedom of movement of money

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27 CURRENT EU COUNTRIES Austria

Belgium

Bulgaria

Czech Republic

Cyprus Denmark

Estonia

Finland

France

Germany

Greece

Hungary Ireland

Italy

Latvia

Lithuania

Luxembourg

Malta

The Netherlands Poland

Portugal

Romania

Slovakia

Slovenia

Spain

Sweden United Kingdom

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Economy of the European

UnionThe operation of the EU has an agreed budget of €141 billionfor the year 2011, and €862 billion for the period 2007 –2013, thisrepresents around 1% of the EU's GDP. (According to IMF)The Risk Capital Facility is a €100 million Commission-

funded programme which aims at providing high-risk equity andquasi-equity funding to Small and Medium Enterprises whichcreating jobs, Increased numbers of new jobs particular women,they targeting 13,000 jobs by 2012 (at least 30% of these jobs

should be for women);

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The EU member countries have transferred someof their law-making authority to the EU in certainpolicy areas, such as agriculture and fisheries. Inother areas, such as culture, policy-making is

shared between the EU and nationalgovernments

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Policy areas

Agriculture

Environment

Economic and monetary affairs

Employment and social affairs Fisheries

Climate action

Multilingualism

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Agriculture

CAP –

Common Agricultural Policy

EU policy aims to enable producers of all forms offood – whether cereals, meat, dairy, fruit,vegetables or wine – to:

produce sufficient quantities of safe, high-qualityfood for European consumers

make a full contribution to diversified economic

development in rural areas meet very high standards of environmental care

and animal welfare.

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Environment

Protecting and improving the planet

The EU has some of the world's highestenvironmental standards, developed over

decades. Its main priorities today are:protecting endangered species and habitatsand using natural resources more efficiently – goals that also help the economy by fostering

innovation and enterprise

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Employment and Social Affairs

Responsibility for policy in the field ofemployment, social affairs and inclusion isshared between the EU and its membercountries. The EU:

coordinates and monitors national policies

promotes the sharing of best practices infields like employment, poverty and social

exclusion and pensions makes laws and monitors their

implementation in areas like rights at workand coordination of social security schemes

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Economic and MonetaryAffairs

Stability and growth

Within a single market and major trading bloc like theEU, it makes good sense to coordinate nationaleconomic policies. This enables the EU to act rapidly

when faced with challenges such as the currenteconomic and financial crisis.

The benefits of the euro

Having the euro as a common currency for a large

part of Europe has made it easier for the EU to reactto the global credit crunch in a coordinated way andprovided more stability than would otherwise havebeen possible.

Making cross-border payments cheaper15 ANANT KUMAR JHA



Climate action

Protecting the planet One goal, lots of actions!

EU leaders have agreed a set of targets, to bemet by 2020, that have come to be known as the

"20-20-20 targets". These aim to: Reduce EU greenhouse gas emissions to at least

20% below 1990 levels

Increase to 20% the proportion of EU energy

consumption coming from renewable sources Reduce the amount of primary energy used –

through energy efficiency - by 20% comparedwith projected levels.

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Multilingualism

Aside from the 23 official EU languages, manyregional and minority languages are spoken inEurope. The EU strives to protect thislinguistic diversity and promote the learning oflanguages.

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The EU is a global player.

Its soft power promotes stability, prosperity,

democracy and human rights, deliversconcrete results in the fight to eradicate

poverty, and in achieving sustainable

development.

The Eu addressing global challenges

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Addressing Global Challenges

Peace & Security

Works for global peace and security

Undertakes humanitarian and peacekeepingmissions

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Democracy & Human Rights

Works globally for free elections and opendemocratic processes.

Campaigns globally against capitalpunishment.


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Trade

Supports free trade and open markets topromote growth and jobs in developingcountries.

The world's most open market forproducts and commodities fromdeveloping countries.


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Environmental Protection

A leader in global efforts

Plays a key role in developing andimplementing international agreements eg-Kyoto Protocol

Executing a “cap and trade” system toreduce greenhouse gas emissions.

Takes the lead in the fight against global

warming.22 ANANT KUMAR JHA



THE EUROPEAN UNION

EUROPEAN UNION IS RUN BY FIVEINSTITUTIONS,

EUROPEAN COMMISSION

COUNCIL OF THE EUROPEAN UNION EUROPEAN PARLIAMENT

EUROPEAN COURT OF JUSTICE

THE EUROPEAN COURT OF AUDITORS

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European Commission

27 Commissioners, each

responsible for specific

policy areas, representingthe common European

perspective.

Proposes legislation andenforces laws.

Negotiates trade

agreements.

European Commission President José Manuel Barroso

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Council of the European Union

EU’s main decision-making body,

comprised of ministers of 27 Member

States, representing each Member

State’s point of view.

Decides on foreign policy issues.

Council presidency rotates among

Member States every six months.

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European Parliament

Voice of European citizens.

Members elected for five-year

terms.

With the Council, passes EU laws

and adopts EU budgets.

Approves EU Commissioners.

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Highest EU judicial authority.

Ensures all EU laws are

interpreted and applied correctlyand uniformly.

Can act as an independent policy

maker but unlike the U.S.

Supreme Court, the ECJ can only

deal with matters covered by the

Treaties.

European Court of Justice

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The European Court of Auditors getting value for your money

• Checks that EU funds areused properly

• Can audit any person ororganization dealing withEU funds

27 Independent members

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THANK YOU ANANT KUMAR JHA

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Europian Union(Eu)