The political leadership, or Presidency of the EU, is held by a different leader every six months. Area possibly settled up to c.
Inthe Single European Act solidified the principles of foreign policy cooperation and extended the powers of the community over the members. Among the possible next developments: the U. During the interwar periodthe consciousness that national markets in Europe were interdependent though confrontational, along with the observation of a larger and growing US market on the other side of the ocean, nourished the urge for the economic integration of the continent.
Seven countries have since joined. A day will come when all nations on our continent will form a European brotherhood Special Considerations The EU continues to face a number of challenges.
Taxes are all standardized. Portugal followed inalong with a second Greek bailout. Repeated rumors that Greece would be forced to withdraw from the euro failed to materialize amid disagreement as to whether the move was legally possible as it was not covered in the Maastricht Treaty.