PPT-The European Union and the Euro Crisis

Layna Mosley Dept of Political Science UNC Chapel Hill mosleyuncedu Cyprus March 2013 Cyprus joined EU in 2004 and the eurozone in 2008 Outline The making of Economic and Monetary Union EMU. What are the current 27 members of the . European Union?. The historical roots of the European Union lie in the . Second World War.. The idea was born because Europeans were . determined to prevent such killing and destruction. Compare the distances North to South and East to West: are they similar ?. Imagine. Imagine traveling from Chicago to New York City and having the language, currency, prices of goods, and basic laws change every time you went through a different state. What problems might result?. Layna. Mosley. Dept. of Political Science. UNC Chapel Hill. mosley@unc.edu. Cyprus, March 2013. Cyprus joined EU in 2004, and the . eurozone. in 2008. Outline. The making of Economic and Monetary Union (EMU). Law . Making. Objectives. Explain the role of the four main European . institutions . i.e. the Commission, the Council, the European Parliament and the . Court . of . Justice of the European Union. Explain the judicial and supervisory role of the . Agenda. The European Union. Treaties. The European Central Bank. The Euro/Eurozone. Who does not use the Euro?. Pros/Cons. PIIGS. Converting to the Euro. Europa Series of Euro . B. anknotes. 2. European Economic Community . Economic Unity in the EU. Economic Cooperation in the EU. How does a common market unite Europe?. People have more choice in what to buy. Prices are lower w/o tariffs (taxes). The . euro, the common currency, . What caused the global recession of 08?. And thus caused the European debt crisis. America Sneezes and the World gets Pneumonia!. The Housing bubble bursts 2006. The bubble burst. By August 2008, 9.2% of all U.S. mortgages outstanding were either delinquent or in foreclosure. By September 2009, this had risen to 14.4%. Between August 2007 and October 2008, 936,439 US residences completed foreclosure!. 21 November . 2017. Lorenzo . Bini . Smaghi. P.. 1. THE EURO AREA FALLING BEHIND. P.. 2. ONLY AFTER 2011. 17/10/2013. P.. 3. Panorama. FISCAL AUSTERITY. ?. 17/10/2013. P.. 4. Panorama. MONETARY POLICY. european-semester.com the Texas A&M schedule. the philosophy, logic and design of the European Union by experience one of Europe’s leading political The schedule is contoured to the Texas A&M Up european-semester.com the Texas A&M schedule. the philosophy, logic and design of the European Union by experience one of Europe’s leading political The schedule is contoured to the Texas A&M Up Editor Assistant : Claire Albus (Tel: 56455) Disclaimer : The views expressed in the BEPA Monthly do not necessarily reflect those of the European Commis- sion. 1 bepa monthly brief December 2012 / ContentsAbout SUERF 150 the European Money and Finance Forumhapter 1 ntroduction and overview The EU146s 147Northern148 enlargement 25 years on 150 stocktaking and some thoughts for the futureErnest G :  A NEW MOMENTUM. Ján. . Figel. ’, European Union Special Envoy for Promotion of Freedom of Religion Outside the Europe Union. CENTURY OF GENOCIDES: . END OR CONTINUITY?. Address: European Commission, Rue de la . Econ 340. Econ 340, Deardorff, Lecture 17: Euro. 2. Outline: European Monetary Unification and the Euro. What Is It?. History of the EMU. Need for Convergence. Pros and Cons of Unification. Why Adjustment Is Hard.