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Denmark is a European leader on economic freedom indices. Denmark has ranked as the world's 11th "most free" economy, of 162 countries, in an index created by The Wall Street Journal and The Heritage Foundation, the Index of Economic Freedom 2008, while keeping at the same time a huge public sector (58.4% of GDP), [44] the highest tax burden ...
Euro Zone inflation. The euro came into existence on 1 January 1999, although it had been a goal of the European Union (EU) and its predecessors since the 1960s. After tough negotiations, the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union (EMU) by 1999 for all EU states except the UK and Denmark (even though Denmark has a fixed exchange ...
Transatlantic cooperation and European integration was designed to maintain the fragile peace that was created in Europe after World War II. With the continent repeatedly falling into war over the past centuries the creation of the European Communities in the 1950s set to integrate its members to such an extent that war between them would be impossible.
The European Union is only open to a "European" state which respects the principles of "human dignity, freedom, democracy, equality, the rule of law, and respect for human rights, including the rights of persons belonging to minorities". Countries whose territory is wholly outside the European continent cannot therefore apply.
The 1990s also saw the further development of the euro. 1 January 1994 saw the second stage of the Economic and Monetary Union of the European Union begin with the establishment of the European Monetary Institute and at the start of 1999 the euro as a currency was launched and the European Central Bank was established. On 1 January 2002, notes ...
The history of German foreign policy covers diplomatic developments and international history since 1871.. Before 1866, Habsburg Austria and its German Confederation were the nominal leader in German affairs, but the Hohenzollern Kingdom of Prussia exercised increasingly dominant influence in German affairs, owing partly to its ability to participate in German Confederation politics through ...
European integration is the process of political, legal, social, regional and economic integration of states wholly or partially in Europe, or nearby.European integration has primarily but not exclusively come about through the European Union and its policies, and can include cultural assimilation and centralisation.
The politics of Europe deals with the continually evolving politics within the continent of Europe. [1] It is a topic far more detailed than other continents due to a number of factors including the long history of nation states in the region as well as the modern day trend towards increased political unity amongst the European states.