Essays /

European Government Essay

Essay preview

‘The role of government in creating the business climate’ At its inception in 1957, the European Union was known as the European Economic Community. It was created by the Treaty of Rome by six countries known as the Core Six – Belgium, Luxembourg, The Netherlands, Germany, Italy and France. It’s main mission being creating a common – tariff free market in favour of easier and more profitable trade. The European Union consists of The Council of Ministers, European Parliament, European Commission and The European Court of Justice. Britain joined the EU in 1973, however it was never fully committed to the European project. The EU now consists of 28 member states, however that is due to increase with the potential of more countries joining amongst which are Turkey and Ukraine. European Government:

How the European government does affect UK business?
The EU has a big impact on business in the UK. Thanks to the EU Britain is able to trade their goods and services such as cars and banking with other countries in the EU without tariffs. This enables swifter and more profitable trade. As well as that, the EU helps the UK trade their goods and services outside the EU because it is the second largest trade bloc in the world, competing with the USA and China. The EU has supranational policy making power on trade for all member state, including the UK. This means that whatever the EU decides on trade, the UK has to follow. Additionally, the EU imposes working conditions and minimum wage on their member states. However, the EU does not control employment in the UK. Employment policy making in the EU is inter-governmental, this means that member states can choose whether they want to follow the policy or not. This allows the UK government to remain in control of employment in the UK. For example is it the UK government that decide on taxation levels.

Why is it good to do business in Europe?
It is good to do business in Europe for two main reasons. Firstly, there is a common market. This allows countries to trade free of tariffs which increases their income as they don’t need to pay the expenses...

Read more


-492760 000 10 12 1289050100965 1957 1973 2 2007 2008 2010 2013 28 33 4741545 5 6 7 abl accompani act activ adapt addit advic affect aim air alloc allow also alway amongst amount appoint area assist attend author avail bank bankrupt becom behalf belgium benefit best better big bill bishop bloc bonfir boost borough borrow break bristol britain british build busi cabinet calcul call cameron car care career centr central centreinto chancellor chang charg chart childbirth children china choos citi clean clegg climat coalit collect commiss commit common communiti compani compar compet complex condit conserv consid consist constitu contamin control core corpor cost couldn council councillor countri court creat crime crisi croydon currenc current cycl david day debat decid decis declin deleg deliv democraci democrat depriv deputi describ despit develop diagram didn disabl discrimin discuss doesn domest downfal due duti e.g easier econom economi educ either elder elect elimin emerg employ enabl energi ensur environ environment equal especi etc eu euro europ european even everi exampl exchequ expans expenditur expens fact fail favour financi find first fitzsimon five flexibl follow franc free fulli function gender general georg germani get give good govern government ground group growth harass harder haringey hate hay hay-justic head health help home homeless hous howev identifi impact implement import impos incept includ incom increas inflat infrastructur inter inter-government invest itali job join justic kick kingdom known land larg larger largest law lead least legisl leisur less level levels.this liber licens life limit live local london long long-term lord loss lost lot lower lowest luxembourg made main maintain make mani manifesto map mark market marriag matter may mean meant measur meet member million minimum minist mission modern money much multipli name nation need netherland never new nick nois number obtain ofemploy offer offic one opportun order osborn outsid owner park parliament part part-tim parti partner pass past patricia pay peak peer peopl perhap person pest phase plan polici polit pollut post potenti power present preserv price prime prioriti produc product profit project promot properti provid public qualiti question rais rang rate rateabl re reason recent recess recoveri recycl redevelop reduc reduct reflect refus regener relief remain remov repair repres resid resourc respons result retail revenu rise road role rome rubbish safeti say sean seat second seek serv servic set shop show sick simpli sinc sit six small smaller social sourc space spend staff stage stand state still stock strategi street support supran sure surviv swifter symbol system take tariff tax taxat term thank therefor think thrive time trade transform transport treati tree trough turkey two type typic uk ukrain ultra ultra-modern under-repres understand unemploy union unit unstabl usa use usual valu violenc vote wage want wast watson way well westfield whatev whether whitgitft win wish within without work worker world would year young