as a result of the banking crisis which has spread throughout the world since 2008. The countries in question are Portugal‚ Ireland‚ Italy‚ Greece & Spain all of whom have requested financial aid from the European central bank. In order for the countries to pay back the loans from the European central bank they will need to implement austerity measures in the form of raising taxes and reducing costs on public spending‚ the effect of that will be job losses within the public sector. This is turn
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On a proper interpretation of the case law of the European Court of Justice‚ there can be no doubt that the real seat theory is dead throughout the EU Discuss. Since the Treaty of Rome entered in force in 1958‚ companies were allowed to be formed across the EU benefit from the basic right of the freedom of establishment. The principle of freedom of establishment set out in Article 49 (ex Article 43 TEC) enables an economic company to operate an activity in one or more Member States. At present
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History Essay When you think about history‚ what comes to mind? Events‚ specific dates‚ or a period of time? We believe that history is the study of the important events that have taken place during the past millions of years. History not only tells us dates and events‚ but by studying history‚ we also learn about how our world has evolved and come into being. It explains the importance of certain events and how we are effected by them. We learn from the mistakes made in the past so we can create
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because they do not support the "disinterested investigation" required of the discipline of history.[8][9] Events occurring prior to written record are considered prehistory. Herodotus‚ a 5th-century B.C. Greek historian is considered within the Western tradition to be the "father of history"‚ and‚ along with his contemporary Thucydides‚ helped form the foundations for the modern study of human history. Their work continues to be read today and the divide between the culture-focused Herodotus and
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Renaissance Education DBQ Exercise During the Renaissance‚ scholars became more interested in the humanistic features of society‚ and humanistic educators based their teaching models on Greek and Latin classics. Renaissance education was One apparent purpose of a Renaissance education was to praise the value of useful education‚ through the teaching of the classics‚ mainly Greek literature that was written by Greek philosophers‚ mathematicians and other important figures. Some criticised
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Brief History of the Single European Market Page 4 * The Three Pillars Page 6 * Action Plans * Comparisons Page 7 – Section 2 * Introduction * Legislations Page 8 * Policies * The CE Mark Page 9 * Harmonising Safety Standards * Solvit Page 10 * Summary Page 12 * References Section 1 Introduction This assignment is divided into two sections. The purpose of the first part of this paper is to discuss the creation of the Single European Market
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Maastricht introduced European citizenship. This finally defined what an EU citizen ’ is‚ most obviously in the amended Article 17 of the Treaty of Rome. This declared that in order for one to hold "citizenship of the Union"‚ one must hold "nationality of a Member State". So anyone with nationality to a country within the European union is immediately granted European Citizenship. Consequently all nationals belonging to states joining the EU will also be automatically conferred European citizenship. It
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1 A “real” European Union World order is going to change in the near future. This year 2012 will be remembered as the year the European Union become a reality. There are three big events occurring this year that are promoting a larger economic‚ political and social unity inside the EU. A united Europe is a project that has taken a long time to create and that had overcome many difficulties. All the indefinitions in the EU in the past have created many problems in the present‚ but now they work
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The European Economic and Monetary Union (EMU) is an agreement between participating European nations to share a single currency‚ the euro‚ and a single economic policy with set conditions of fiscal responsibility. Since the euro entered in circulation in 2002‚ the European Union has become more and more powerful. However‚ in 2008 when the economic crisis dramatically started with a huge bank investment from the bank in the United states of America “Lehman Brothers »‚ “Lehman Brothers Holdings Inc
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eu/economy_finance/publications/publication15887_en.pdf Council of the European Union."Highlights." CONSILIUM -. N.p.‚ n.d. Web. 20 Mar. 2013. http://www.consilium.europa.eu/homepage/highlights/fiscal-compact-enters-into-force-on-1-january-2013?lang=en "Europe 2020 - The EU Strategy for Smart‚ Sustainable and Inclusive Growth - European Commission." Europe 2020 - The EU Strategy for Smart‚ Sustainable and Inclusive Growth - European Commission. N.p.‚ n.d. Web. 17 Mar. 2013. http://ec.europa.eu/e
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