3. The Original Purpose of the EU
To secure peace between
former enemies
How?
By controlling the
production of coal and
steel
4. Key Milestones
Production of coal and steel put under
1951 ECSC control of a High Authority
Creation of the EEC and
1957 Treaty of Rome establishment of the common
market
5. Key Milestones
1986 First major revision of the Rome
Single European Act Treaty: Single Market and
European Political Cooperation
1989 Fall of the Berlin Wall
Reunification of Germany and
democratisation of Eastern
Europe
1992 Maastricht Treaty
Creation of the European
Union and the pillar structure
6. The Treaty of Lisbon
- Entered into force on December 1st 2009
- Amends current treaties without replacing them
Key improvements:
Democracy and
Rights and Values
Transparency
Visibility on the
Efficiency
Global Stage
7. The EU Today
502 million
174 million
23 languages
4 languages 27 countries
6 countries
8. The EU Today
7%
World Population
25%
World GDP
>50%
World Official Development Aid
9. The Values of the EU
Freedom
Rule of Law Respect for
Human Rights
Democracy Equality
19. European Commission
Executive Branch of the EU
Composition
27 independent members, one from each EU country
Functions
Proposes new legislation
Manages EU’s day-to-day business and budget
20. European Parliament
Voice of the People
Composition
736 MEPs from all member states
Functions
Decides on EU legislation together with CoEU
Democratic supervision of all the EU’s work
21. Council of the European Union
Voice of the Member States
Composition
One minister from each member state
Functions
Decides on EU legislation together with
parliament
Manages common foreign and security policy
22. European Court of Justice
The Judicial Authority of the EU
Composition
27 independent judges, one from each state
Functions
Rules on how to interpret EU law
Ensures EU countries apply laws in the same way
24. History of the EMU
The Euro is the single currency of the
EU, introduced in 1999
12 of the then 15 members adopted it
in 2002. Today 17 of the 27 countries
use it
It has become an attractive world
currency like the US dollar
25. Economic, Monetary and Fiscal
Policy in the EMU
- Coordination of economic policies
Economic Policy
- Financial and budgetary discipline
Monetary Policy - Set by the ECB
Fiscal Policy - Set by national governments of member states
26. The European Central Bank
Ensures price stability
Controls money supply and
decides interest rates
Works independently from
governments
29. Common Foreign and Security Policy
Common Security European Security
and Defense Policy Strategy
CFSP
Peacekeeping and
EU and NATO
Crisis Management
30. European External Action Service
The EU’s foreign service
Improved coherence and
efficiency
Led by HR Catherine Ashton
34. Shared Values
Promoting peace, human rights and
democracy worldwide
Confronting global challenges, including
security and non-proliferation
Natural Fostering prosperity and opportunity
Partners Advancing strategic cooperation on
energy security, climate change and
sustainable development
35. Comparative Statistics
1.8 mil
US$
sq
502 17.6
miles
million trillion
3.5 mil
US$ sq
15.1 miles
312 trillion
million
36. Trade and Economics
Largest bilateral trade relationship in the
world
We are each other’s main trading partner
and source of FDI
$4.3 trillion in trade More than 30% of global More than 40% of global
Generates 15 million jobs in the EU and US
every year merchandise trade service trade
37. The Transatlantic Takes place once a year between the
Presidents of the European Commission Annual
Partnership and the European Council and the
President of the US Summit
The Senior Level Group (SLG) comprises senior EU
and US State Department Officials. They, together Senior Level
with the Joint Task Force, prepare for the Annual Joint Task Force
Summits. The Joint Task Force meets regularly to
Group
oversee the implementation of Summit decisions
Transatlantic
Transatlantic Transatlantic Transatlantic
Business Consumer Legislators’
Economic
Dialogue Dialogue Dialogue Council
EU-US Working Group Biotechnology EU-US Cooperation in Crisis
EU-US Development
on Employment and Research Management, Conflict Prevention
Dialogue
Labor Task Force and Capacity Building
EU-US Counter- Transport and Border
EU-US Education
EU-US Energy Council Terrorism Security
Policy Forum
Dialogue Dialogue
Transatlantic EU-US Financial EU-US Science and
Macroeconomic
Environmental Markets Regulatory Technology
Dialogue
Dialogue Dialogue Agreement
38. Thank you!
Delegation of the European Union
Washington, DC
www.eurunion.org
www.facebook.com/EUintheUS
www.twitter.com/EUintheUS
delegation-usa-info@eeas.europa.eu