Fiche TOPIC 1
Fiche TOPIC 1
Fiche TOPIC 1
B) GENERAL INFORMATION
7 institutions (the European Central Bank; the European Council…)
EU capital city : Brussels
Origins :
- the European Coal and Steel Community created after World War II to regulate the coal
and steel industries. It was formally established in 1952 by the Treaty of Paris
- the European Economic Community created by the Treaty of Rome of 1958, aiming to
foster economic integration among its member states
Maastricht Treaty (was signed in 1992 and came in force in 1993) established the
European Union
A single market
The Schengen Area is an area comprising 26 European countries that have abolished all
passport and all other types of border control at their mutual borders free circulation of
people, capital, goods and services
A monetary union : the Eurozone (19 member states)
Nobel Peace Prize in 2012
Latest member : Croatia
The UK : 1st country to leave the EU (2020)
The Treaty of Lisbon : It’s the latest major amendment. The Treaty of Lisbon was signed in 2007 by
the 27 European member states and came in force in 2009
It’s a modifying treaty amended the existing ones
It transforms the institutional framework (=structure/cadre) of the Union. It modifies the Treaty of
Rome and the Treaty on the EU (Masstricht)
C) 7 Candidates
Official candidates : Albania, Macedonia, Montenegro, Serbia, Turkey
Potential candidates : Boznia Herzegovina, Kosovo
The Copenhagen criteria : The rules that define whether a country is eligible to join the European
Union A stable democracy ; a functioning market economy ; the acceptance of the obligations of
membership
Evaluation is the responsibility of the European Commission
G) BUDGET
The EU relies on contributions from the 27 member states, the contribution is proportional to the
wealth and level of development of each country (Germany : 1 st contributor, France : 2nd contributor)
Budget represents 1% of the GDP of the EU
Agriculture is the biggest share of the EU budget
H) LEGISLATION
EU decisions are made by the Parliament and the Council
J) ECONOMY
2nd largest economy in the world
GDP = 22% of the global economy
The euro (2002) = the 2nd largest reserve currency + the 2nd most traded currency in the world
Goal of the economic policy : the avoidance of public deficit and the maintenance of a
budgetary stability (the deficit musn’t exceed 3% of GDP)
PART 2 : REPOWEREU
A) BACKGROUND
March 2022 : the EU Commission proposed a plan to make Europe independent from Russia
fossil fuels well before 2030
This plan integrates with the EU Green Deal (to make EU climate neutral by 2050)
May 18th 2022 : Introduction of the RePowerEU Plan
B) 3 AXES
Saving energy (with increased energetic efficiency objectives)
Diversifying energy supplies (finding alternative supplies of gas, oil, coal…)
Accelerating clean energy the plan will speed up the green transition
D) OBJECTIVES