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European Union - European Union qNew Members Cyprus(Greek...

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1/19/12 MGT 4174 1 European Union q New Members Cyprus (Greek part) Czech Republic Estonia Hungary Latvia Lithuania Malta Poland Slovakia Slovenia q Current Enlargement will Add 23% to the EU's land mass Add 75 million additional citizens, totaling more than 450 million people. Create a $9.3 trillion economy -- approaching that of the U.S.
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1/19/12 MGT 4174 2 European Union Significant impact on labor law, working conditions, health and safety, equal opportunity, vocational training, social security, etc. European Works Council (EWC) Directive First pan-European legislation than regulates relationship between MNCs and employees Designed to provide coverage for all to all employees Requires EWCs to be established in MNCs that have over 1000 employees and 100 or more in each of two members states EWC Directive managed by the Directorate General V (DG V) Pan-European pension plans coming
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1/19/12 MGT 4174 3 North American Free Trade Area Size 360 million
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