Policies of The European Union

In this post, I would like to make a list of main points from one of the policies of the EU which is focused on Economics.

Economic and social affairs
The purpose that EU was found is base on the economic co-operation.
The main goal of the EU is to develop a effective powerful single market surround Europe.
The single market will make the members of EU more competitiveness and financial prosperity.

Here shows some of the main policies:

Energy liberalisation
A full market opening of all EU gas and electricity markets .
Aim:  more choice and lower price.

Modernisation of the EU’s competition rules
Simplifying the procedures involved
Aim: to develop industrial co-operation across the EU

Single European Sky
Big reductions in airport delays.

Financial services market
To reduce the main cost of business.
To speed up the creation of a single market.

EU budget factor made up by:
1.Common Agricultural Policy;
2.Structural and Cohesion Funds is big part of the budget;
   In order to reduce disparities in prosperity across the Union;
3.The EU’s large development budget;
4.Maintaining the internal market;
5.Administering the Union


Economic and monetary union (Single currency)
1.Basis of the single market : the free movement of goods, persons, services and capital;
2.The single European market:
   good for growth and jobs;
   the world’s largest international free trade area;
   reduced fiscal barriers;
3.It is not about de-regulation but do good to UK business and consumers

Regional support
Two main strands to 'Structural Operations:
  The Structural Funds towards regional development made up 90% of the total monies spent;
 The Cohesion Fund supports members whose capita GDP below 90% of the EU average.

Enlargement
EU started with six member states;
Six times enlarging→current 27 member states;