One of the great things the European Union has done with the educational system in Europe is opening the doors for student exchange programs. Young people all over Europe get to experience new cultures and educational opportunities. The latest reports show that over 1.2 million students are currently studying in foreign schools using the ERASMUS Programme. That means university graduates are more cultured, speak more languages and generally more prepared in dealing with foreign business practices. These are all win-win situations for students and the economy.
June 17, 2009
April 21, 2009
Trading Abroad
External trade is one of the key components to making the EU so successful. Through out the years trade outside of the EU has been increasing and it is the largest trader in the world accounting for upto 20% of all global imports. Creating an equal import duty has been key for the European Union and has allowed all of its member countries to import good from abroad at the same price no mater which port of call you use. Goods can be bought and sold without tariff any where in the EU which has mad raw material sourcing much easier and allowed for better product output to the rest of the world. The EU strives to make the best deals with leading importing nations such as China, Japan and the USA which help it become the world market leader.
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March 31, 2009
More Phone Call Options and Cheaper
With all the standardization and singular currency the communications industry has been able to make deals and bring its service to more customers than ever before. With new opportunities at hand there is more competition which leads to lower rates for consumers. People in Europe are able to make cheaper phone calls within the EU for less than ever before and with better quality too. With the vast amount of call carrier options the quality of service has drastically improved in many nations just to retain their current user base. The EU is very active especially in the mobile market and is making sure all companies in the industry are up to standards and do not over charge their clients. Also don’t forget to download free ringtones which Europeans also love.
Becoming One Market
The original and still the driving force behind the whole European Union is the ideal of becoming one central market that allows for people, goods, services and capital to move around the EU without borders to restrict it. The philosophy is that the each person will be free to love as they chose and where they want to suit their needs and wants. It also allows for businesses to expand and innovate in new areas that would otherwise be shut off to them. It has been working quite well as companies are able to specialize in exactly what they do best and now have a bigger market for their goods and services.