Events Leading to the Formation of the European Union
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This paper analyzes the issues and challenges surrounding the formation of the European Union, some of which persist today. The paper explains that the major developments within the European Community in the 1990s can be traced to the signing of the Maastricht Treaty in 1993, which made the European Community officially the European Union. The paper also discusses the Single European Act of 1985, which was devised to remove trade barriers and promote the movement of capital and labor across borders. Besides full economic interdependence and dissolution of trade barriers within the member countries, the paper adds that the EU sought to achieve not only this economic unification but also that of political union. The paper concludes that although successful steps have been taken toward Economic and Monetary Union, as with the successful creation of the Euro and the ECSB. , the steps of political and social union in formulating Common Foreign and Security Policy are of secondary importance to economic interdependence.
From the Paper:"After the Maastricht Treaty was adopted, the EU was enlarged to include Austria and the Scandinavian countries. Because membership of the new states would increase the numbers needed for qualified majority voting, their membership was opposed by Great Britain and Spain because of their compromised ability to block majorities that were strongly held by France and Germany. However, Delors initiated a compromise which Spain first agreed to and Britain followed suit, placing the issue on the ballots of applicant countries in 1994 and all but Norway ratified the agreement. After these governments because members, agreements were being made between the member governments of the EU and Poland, Czech Republic, Slovakia, Hungary, Bulgaria, and Romania. The fledging democracies of Eastern Europe had to meet a number or criteria for their applications for membership to be considered seriously. However, these restrictions would delay the prospects of their membership ratification for another six years. On the other hand, the original six members of the EU would be working on getting the EMU fully operational and establishing a single currency and central bank while the newly independent Eastern countries could continue liberalizing their economies and democratizing their governments."
Sample of Sources Used:
- Bartolini, Stefano. Restructuring Europe: Centre Formation, System Building, and Politically Structuring Between the Nation State and the European Union. 2007.
Cite this Analytical Essay:
Events Leading to the Formation of the European Union (2010, August 13) Retrieved September 27, 2023, from https://www.academon.com/analytical-essay/events-leading-to-the-formation-of-the-european-union-128818/
"Events Leading to the Formation of the European Union" 13 August 2010. Web. 27 September. 2023. <https://www.academon.com/analytical-essay/events-leading-to-the-formation-of-the-european-union-128818/>