Advantages And Disadvantages Of The European Union

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The idea of a unified Europe is not new, it started long before even laying the foundation of the European Union. The first one to state this was an Austrian-Japanese politician Richard Nicolaus von Coudenhove-Kalergi in his manifesto “Paneuropa”, back in 1923. He presented an idea of a unified Europe leading the first European unification movement with the help of Otto von Habsburg. He held the position of founding president of the Paneuropean Union for 49 years. Afterwards, Winston Churchill postulated a United States of Europe in a speech at the University of Zurich in 1946. He said that we must build a kind of union, in this way only, will hundreds of millions of hard working employers be able to regain the simple joys and hopes which make life worth living. The…show more content…
The limitation of the bureaucratic capacity of the European institutions such as the European Parliament and the European Commission forms a barrier that stands in front of the federalization. Due to the lack of personnel there is also a slow movement in the case of evolution and development. The EU's sources of income include contributions from member countries, import duties on products from outside the EU and fines imposed when businesses fail to comply with EU rules. Under the cohesion policy, it funds investment to help bridge economic gaps between EU countries and regions therefore the 3 main sources of revenue are: a small percentage of gross national income contributed by all EU countries which is in the same time the largest source of budget revenue; a small percentage of each EU country’s standardized value-added tax revenue, usually around 0.3%; a large share of import duties on non-EU products. Despite all these measures to increase the capital of the European Union it still can not finance a lot of the economic activities, that’s why each Member State has its own foreign relations and its own

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