Post on 27-Dec-2015
Name famous places in France.
The Louvre One of the largest museums in the
world Houses, arguably, the most precious art
pieces The Eiffel Tower
Built for the 1889 World’s Fair Most visited (paid) monument in the
world
Name famous places in the UK.
Tower Bridge Suspension and draw bridge – good luck
Big Ben Second largest four-faced clock tower in the
world Renamed Elizabeth Tower in 2012
Stonehenge Built in 2400-2200BCE
Mystery!
Name other famous places in Europe. Roman Colosseum
Built in 70-80CE
Leaning Tower of Pisa Don’t build on soft ground… especially in the
1100s Sagrada Familia
Barcelona, began to build in 1882still not finished
Parthenon Athens, built in 438BCE
Trevi Fountain Rome, largest Baroque fountain in the world
Reaction to WWII
Europe’s competition and divisiveness created animosity which led to war.
If the countries of Europe are more dependent on one another, the likelihood of more violence and war decreases.
Begins in 1957
Treaty of Rome Common market – European
Economic Community Elimination of tariffs Forge a common agricultural policy
Promote and monitor nuclear energy – European Atomic Energy Community
Widening and Deepening
Widen Geographic expansion
Deepen Remove barriers Increase degree of integration
Formalizes in 1993
Maastricht Treaty Goals of the European Union
an economic and monetary union (Euro)
a common foreign and security policy
Expansion of the EU
Dublin Constitution appointment of an EU president appointment of an EU foreign minister Legislation would be approved by both
the appointed Council and the elected European Parliament
DEFEATED IN RATIFICATION
Fear of the EU
Why was ratification defeated?o economic issues and fearo unease over a growing number of
immigrantso erosion of national identityo “democratic deficit” most leaders
were appointed
Lisbon Treaty, 2007
New treaty created with some of the Constitutional issues resolved
Needed ratification of all 27 members Ireland sent it to the voters, they
rejected it. But ratified it a year later, with some
changes.
Governing the EU
What does the US government look like? Draw a picture or diagram depicting
how our government works
Governing the EU
European Commission Qualified majority voting – weighted
votes according to population European Parliament European Court of Justice National vetoes removed in some
policy areas No reference to a flag or anthem
Entry Task
Answer each item in your notes… What is our economy dependent upon? What are some of the labor laws we
have developed over the last 150 years?
Please describe the US economic philosophy.
Eurozone
Those member nations that use the Euro Not including the largest economy in
Europe – United Kingdom Intended to create a stable
economic powerhouse. Specific financial criteria
That no one really paid attention to…
Economic Crisis
Exposed weaknesses in EU European governments in too much
debt Inconsistent fiscal policies in member
nations Inability of the EU leaders to react
quickly Inability of the European Central Bank
to do what the FED did
Economic Crisis Greece
Widespread tax evasion Massive spending with borrowed money
Italy Enormous national debt
Ireland Under-regulated banks
Spain Real-estate collapse Led to 22% unemployment
Economic Crisis Germany
Largest economy in the Eurozone Dependent upon trade surpluses
sustained by the debt-ridden, high consuming EU members
Inability to borrow moneyGreece, Ireland, and Portugal
BAILOUTS With austerity measures to reduce
deficit
Strong Labor Unions
Europe has a history of strong labor unions
Like the U.S., the acceptance of labor unions kept most of those countries from communist revolutions
Labor union power has increased over the last two decades