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Global Marketing (European Union) Prepared By:Mohammad Noor Shafiq Bin Mohd Sabri 2010993203 Prepared For: PN Khalilah Ibrahim
Global Marketing (European Union) Prepared By:Mohammad Noor Shafiq Bin Mohd Sabri 2010993203 Prepared For: PN Khalilah Ibrahim
IBRAHIM
The European Union (EU) is an economic and political union or confederation of 27 member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), formed by six countries (Belgium, France, Germany, Italy, Luxembourg, and The Netherlands) The Maastricht Treaty established the European Union under its current name in 1993
The EU Headquarters
Brussels, Belgium
Selected as the headquarters of the European Union because of its centralized location in Europe.
Important of EU
Promote peace and stability Large markets 454 million people, 25% world trade Free trade area Harmonisation of laws Funding Single currency
EU Structures/ Institutions
European Commission Council of Ministers / Council of EU European Parliament Court of Auditors Court of Justice Economic and Social Committee ECOSOC
Current Issue
Greece debt crisis
Get bailout 110bn euros of bailout loans in May 2010 to help it get through the crisis - and then in July 2011 it was earmarked to receive another 109bn euros Greece must cut the salary and increase tax, do privatization Affect the world economy and Europe
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