Discuss the extent to which economic integration within the EU has Essay - 2

converse the extent to which economic integration within the EU has been subordinated to the achievement of political objectives - Essay ExampleThe victory of Coal and Steel conformity led to the Treaty of Rome where the European Economic society ( europium) or common market as it was commonly known, created a freeway through which people, goods and services could freely imprint across the international borders (Europa, n.d.).It was a landmark decision as now people within EEC countries could move without passport and custom duties will not be levied on goods and services, even farmers were paid the alike across the Community, giving a joint control over the production of agricultural products. The only drawback was the surfeit production. The problem arose with different currencies prevailing in different countries, and for an economic stability the requirement for a oneness currency was increasingly felt. In the year 1973 Denmark, Ireland and the United Kingdom also joined E uropean Community (EC). In 1992, The Treaty on European legal jointure is signed in Maastricht, which has been a major EU milestone as it set clear rules for the future regarding single currency, foreign and security policy as well as closer cooperation in justice and home affairs. Under the treaty, the name European Union (EU) officially replaced that of European Community.In the year 1999, the Euro (the common currency) was officially introduced in 12 countries viz. Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland adopted Euro as their currency while Denmark, Sweden and the United Kingdom decided not to take it up as of, for then. As their foreign and security policy, the EU takes on peace-keeping operations by replacing NATO units in the Balkans, Yugoslav Republic of Macedonia, and then in Bosnia and Herzegovina. It was a strategic victory of their combined military power. lento and gradually EU was becoming a formidable force to reckon with. On December 2007 the Treaty of Lisbon was signed to amend all previous