STEPPING TO THE ZONE.

                                           THE ZONE BEFORE STEPPING IN.

The Map of European Union

European is a political and economical cooperation by 27 Nations in Europe. Formed by just 6 nation in1953 it as grown to a current 27 member state empire within Europe. With a clear objective of stability, peace, prosperity,Raise of leaving standards and a single currency as stated on its website www.europa.eu. With its most central financial operations held in Germany making it  the unions’ power house. With its  economic stumble that is facing in the present time as referred in article on  www.hbr.org by Katherine Bell, Its a choice between a rock and a hard place to make the right decision wether to to join or not to join this Europe “ship” on this shaky tides. This article is going to look at the both sides of the coin and give a short analysis the way forward for the new nations who are yet to join the E.U.

The Euro Currency Symbol.

Having a SIngle Currency in 27 Countries in the world can be the first and the best idea of any economic brain. With Low or Zero Currency exchange risk experienced in the euro zone, Joining to gain this benefit for any country citizen is added advantage to boost Tourism and Trade between the states. as a stated on www.economist.com.

A statistical approach was given by www.un.org and stated that there are 326 million citizens in the union. Expanding this number to use the Euro currency as a reserve to the dollar and other major currencies can be of an added advantage to join the Union.

The rise of conflicts between nations is on the rise, with a bond,a unique connection through same monetary policies and waiving of migration laws, common passport, and single currency can be used as a political approach in creation of peace and stability within nations according to www.un.org .

Inflation digits always being on the raise, London Business School website (www.london.edu) did a snap research between the UK and the E.U in the early 1990s and found out the inflation that UK inflation was rose at 0.76% while the of the E.U rose by 0.35%. Its a solution of proving a solution by keeping inflation on the low. 

  

Economic Meltdown in Greece
led to violence.

With all goodies mentioned on the previous lines, when in or joining the  E.U, Some political analyst on http://blogs.reuters.com suggest that loss of Sovereignty is to complained and addressed. On the grounds of the hardship of a single system laws for the E.U should can not manage the Countries due to their cultural differences and backgrounds i.e some Laws favor one part of the E.U than other. Running the E.U is never a easy task as a document suggest on www.cnn.com.  Administrative nightmare is experienced in running the system in Uniformity.  Economical burden to other states is passed to other nations as www.bbc.com reported during the Greece bail out by Germany.This are the scares that should be considered before a nation Joins the E.U

A membership to the E.U is a mixed blessing as any other merger of corporation’s or bodies.The difficulties comes as the reward comes. Its a give and take situation. Steve Blake was quote by www.brainyquotes.com  that “Globalisation, which benefits only multi-national companies and takes away all sense of local or national pride and identity, is the biggest threat facing all the member states of the EU"