Hochschule für Technik und Wirtschaft Berlin (HTW)
Betriebswirtschaftslehre
Business English M3Ws (00201309)
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EU Institutions
-
1) The European Parliament
.
•
) The only elected EU body
J Represents the EU 446 million inhabitants and plays a key role in electing the President of
the European Commission
•
> It shares power over the EU budget and legislation with the Council of the EU
•
> The
group of people who are elected in the countries of the EU to make and change
its laws
2) The European Council
•
) EU 's broad priorities are set by the European Council ,
which brings together national
and EU -
level leaders
•
) It is lead by its president and comprises national Heads of state or Government and
the President of the torn mission
3) The Council Of Ministers or the EU
•
) represents the governments of the individual Member States
•
) The presidency of the council is shared by the Member States on a rotating basis
4) The European Commission
•
) The EU 's executive body
•
) It is responsible for proposing and implementing EU laws , monitoring the treaties
and the day to day running of the EU
•
) The group of people who are responsible for the work of the European Union and for
suggesting new laws
5) The European court of justice
•
) highest court in matters of EU laws
•
) It interprets and ensures equal application of EU law across all Member States
6) The European Court Of Auditors
•
) audits EU finances C revision de Cuentos )
•
) as an external auditor ,
it contributes to improving EU financial management and acts as
the independent guardian of the financial interests of EU citizens .
7) The European central Bank
•
) central bank of Europe's single currency , the euro
•
) its main task is to maintain the euro's purchasing power and thus price stability
in the euro area
, The European Union
1) Describe the main historic steps from the European coal and steel community to the present EU
over the past decades
European coal and steel community (ECSC )
•
) Was created in 1951 as a way to integrate the coal and steel industries of six European
countries including France , Germany , Italy and the Bene Ux countries .
•
) This marked the beginning of the European integration which aimed to promote peace
,
and prosperity on the continent after the devastation OF WWII
Treaties and agreements of the EU
•
) The Treacly Of Rome (1957 )
↳ this established the European Economic Community (EEC) ,
which aimed to create a common
market and reduce . barrios to trade and movement of people
•
) The single European Act ( 1988 )
↳ this aimed to complete the internal market by 1992 , including the free movement of goods ,
services , capital and people
•
7 The Maastricht Treaty (1992 )
↳ this created the EU and stablished the framework for common currency , the Euro
) The Treaty
•
Of Amsterdam (1997 )
↳ this strengthened EU institutions and introduced new policy areas , such as justice and
home affairs
•
) The Treaty Of Nice (2001 )
↳ this prepared the EU for its expansion to include more countries , including the former communist
countries of Central and eastern Europe
•
) The Treaty Of Lisbon (2007 )
↳ this reformed EU institutions and gave more powers to the European Parliament and national
parliaments
) In the past decade the EU has faced number of challenges including the global
•
, a ,
financial Cris!s.
,
the refugee crisis and the Brexit vote .
, key developments during this period
•
) The European Stability Mechanism (2012 )
↳ this created a permanent bailout fund for countries facing financial difficulties
) The European Refugee
•
Crisis (2015-2016)
↳ this led to the implementation of new policies to manage migration ,
such as the relocation
OF a European Border and Coast Guard
•
) The United Kingdom 's vote to leave the EU ( 2016 )
↳ the triggered a complex process of negotiations and a withdrawal agreement that ultimately
led to the UK's departure from the EU in 2020
•
) The Covid-19 pandemic ( 2020 ongoing ) -
↳ this Ied unprecedented challenges for the EU , including the need for coordinated public
health measures and economic support for member states
•
) Overall , the EU has undergone significant changes since the creation of the ECSC , and it
continues to evolve and adapt to new challenges and opportunities
2) What has the EU achieved since the foundation of the coal and steel community
(ECSC ) in the 1950s ?
a) Half a century of peace , stability and prosperity have considerably improved the
living standards of millions of Europeans .
b) Thanks to the abolition of border controls between most EU Member state , people can travel freely
throughout most of the continent . And it's become much easier to live and work abroad in Europe .
C) The single market enables most goods ,
services , money and people to move freely within the EU
and represents the EU 's main economic engine .
d) The launch of a single currency ,
the Euro ,
used in a majority EU Member States (19 out of 28)
further facilitated trade and travel .
e) The values of human dignity , freedom , democracy , equality ,
the rule of law and respect
for human rights are set out in the EU 's Charter of fundamental Rights .
f) A common foreign and security policy enables the EU to speak with a single voice in
world affairs .
The EU also acts as one in delivering development aid to non EU countries
following human rights issues around the world and managing trade relations with
non EU countries .
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