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Political Globalization
Is when governmental action takes place on a global level -
Supranationalism
Beyond the authority of one national government -
Creation of the European Union
Is created due to the ended up of WWII and all it consequences. -
Period: to
Creation of European Union
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European Parliament
European Parliament was established -
Joining the EU
Denmark, Ireland and the United Kingdom join the European Union -
First elections
First European parliament’s elections -
Single European Act
The Single European Act is signed -
Treaty of Maastricht
Four freedoms: movement of goods, services, people and money.
Treaty of Maastricht -
Divisions
Political divisions between east and west europe began to disappear. -
Period: to
Divisons
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European council
European council become an official EU institution -
Treaty of Lisbon
Treaty of Lisbon (modern institutions and efficient working methods) -
Banking Union
Due to the economic crisis of 2008 the EU stablished the “Banking Union” to balance economy. -
Nobel Peace Prize
EU wins Nobel Peace Prize -
28th Member
Croatia became the 28th member of EU
