European Union - The European Union THEEUROPEANUNION...

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The European Union THE EUROPEAN UNION 52 Years of Peace, Prosperity and Partnership
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The European Union Celebrating the European Union: A Half Century of Change and Progress Since the creation of the EU half a century ago,  Europe has enjoyed the longest period of peace in its  history.  European political integration is unprecedented in  history. EU enlargement has helped overcome the division of  Europe – contributing to peace, prosperity, and  stability across the continent. A single market and a common currency conditions  for companies and consumers. EU has united the citizens of Europe – while  preserving Europe’s diversity.  European Union United in diversity
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The European Union What is the European Union? Shared values: liberty, democracy, respect for  human rights and fundamental freedoms, and the  rule of law. Largest economic body in the world. A successful model for advancing peace and  democracy. A unique institution – Member States voluntarily  cede national sovereignty in many areas to carry  out common policies and governance. Not a super-state to replace existing states, nor just  an organization for international cooperation. An open market for goods and commodities from  developing countries. 27 7 30 501 million Member States Combined  population of EU Member  States Percent of world’s population Percent of  global GDP 55 Percent of combined worldwide Official Development Assistance
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The European Union EU Institutions European Commission 27 Commissioners, representing the European perspective,  each responsible for a specific policy area. EU’s executive branch proposes legislation, manages Union’s  day-to-day business and budget, and enforces rules. Negotiates trade agreements and manages Europe’s  multilateral development cooperation.   Council of the European Union EU’s main decision-making body, comprised of ministers of 27  Member States, representing Member State’s point of view. Decides on foreign policy issues. Council presidency rotates among Member States every six  months. European Commission President  Jos é  Manuel Barroso Council President  Herman Van Rompuy
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The European Union EU Institutions 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. European Court of Justice Highest EU judicial authority.
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