ECON 1 Lecture Notes - Lecture 16: Deflation, Execution Unit, European External Action Service

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7 Sep 2020
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Qmv should be more broadly introduced: decision making. Only one treaty now including every treaty, because things were overlapping. In the dutch survey the enlargements were not accounted for as a problem. The introduction of symbols and everything was quite controversial, but probably mostly after wars, since they took it back. Terrorist attacks increasing military capability of all countries. Controversy about the capability of the european bank, inflation only. Now the federalist one also has unemployment and price stability. This whole process of further integration, ending with the lisbon treaty, started with maastricht and the white paper, it took twenty-something years for legal, institutional changes finally. President of the european council: since they have introduced this position, the european council has become stronger. To counter another president, in this case to counter barrosso. Euro: they are paying for the mistakes now that they started making in 1992 (the bills to countries)

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