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Answers Quiz
European
Context
1. European integration is wider
than the EU, both in countries
and process. NATO for instance
is also part of European
integration.
2. The ultimate aim of the EU is
stability in Europe. This is
mostly realised through
economic means.
3. The authority of the EU is
defined in the treaties and has
been explicitly granted by the
Member States.
4. The latest treaty is the Treaty of
Lisbon, in effect from December
2009 and consists actually of
two treaties, one on the
establishment of the EU and
one on the functioning of the
EU.
5. A key result of the EU is the
internal market. The
consequence is that trade
policy has been transferred to
the European Commission.
6. Most EU legislation has no
direct effect and is incorporated
in the national legislations of
the Member States.
7. The EU has no army but may
realise peace operations with
military means of the Member
States.
8. The € is the intended currency
of the EU according to the
Lisbon Treaty. Some Member
States demanded an exception
and others do not yet fulfil the
criteria.
9. The interest and the exchange
rate of the € is determined by
the European Central Bank.
10. European legislation is based
on the principles of conferral
(based on the treaties),
subsidiarity (at the lowest
possible level) and
proportionality (not more than is
required).