The Institutions of the European Union II
In just half a century of existence, the European Union has achieved remarkable things: it has delivered peace for its members and prosperity for its citizens, it has created a single European currency (Euro) and a single market without frontiers where people, goods, services and capital move around freely. The EU has grown from six to twenty-five countries and it is preparing to embrace other two. The EU is not a federation. Its members remain independent sovereign nations but they pool their sovereignty in order to gain a strength and world influence that none of them could have on its own. Pooling sovereignty means, in practice, that the member states delegate some of their decision-making powers to European Institutions they have created, so that decisions on specific matters of joint interest could be made democratically at the European level.
Year of publication: |
2004
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Authors: | Pietrareanu, Adriana |
Published in: |
The AMFITEATRU ECONOMIC journal. - Academia de Studii Economice din Bucureşti, ISSN 1582-9146. - Vol. 6.2004, 16, p. 92-94
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Publisher: |
Academia de Studii Economice din Bucureşti |
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