It has been a long time in the making, but scheduled plans have marked January 1, 2002 as the date that the new Euro currency banknotes and coins will be introduced in Europe. July 1, 2002 is the designated day that the changeover to a monetary union will be complete. The discussion as to the ri...

The idea of a single united Europe might never have arisen if it had not been for the devastation left by World War II. After the war, economic unity became a very appealing concept. The Western European countries were no longer a great power; France and England lost most of their African and Asian ...

In 2008 to 2009, the European Union experienced a financial crisis. Economic growth slowed down and GDP decreased in several parts of the Union. The crisis could be attributed to the housing bubble that burst and sent banks into insolvency. Borrowing rates prior to the crisis were low, encouraging p...

THE RECONSTRUCTION OF EUROPE AFTER WORLD WAR II Even while World War II war still being fought, leaders of the Allied powers began thinking about how to reconstruct Europe after the war. Winston Churchill of Britain, Franklin Roosevelt of the United States, and Joseph Stalin of the Soviet Union a...

On January 1, 2002, more than 300 million European citizens saw the euro turn from a virtual currency into reality. The entry into circulation of euro notes and coins means that European Monetary Union (EMU), a project devised by Europe's political elite over more than a generation, finally came do...

Intergovernmentalism as a Mode of Union Governance Part 1: Intergovernmentalism I. Introduction II.The Negotiation of the SEA as a Case Study A. Mode of Political process and Style of Governance B. Principal Actors and Players C. Typical Issues of Governance D. Level of Institutionalization...