Download America’s Perceptions of Europe by Leif Johan Eliasson (auth.) PDF

By Leif Johan Eliasson (auth.)

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Extra resources for America’s Perceptions of Europe

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The goals of this new body were not unlike those put forth by President Franklin Delaware Roosevelt in his 1941 congressional address on the possibility of a world guaranteeing the freedom of speech and of worship, of freedom from want and fear. ”1 The European treaty’s reference to “an ever closer union” conveyed a desire to overcome past animosities, prevent future conflicts, and to cherish unity built on four freedoms: the free movement of persons, services, goods, and capital. They remain at the core of the contemporary EU.

Parts for machinery, services), and protection against currency speculation, which last hit Europe hard in 1992–1993 when traders forced currency values to drop through mass sell-offs, prompting central bank intervention and interest rate hikes to shore up their values (because a weak currency makes repaying foreign debt more expensive). But a strong currency also means higher export prices, one reason Portugal, Italy, Ireland, Greece, and Spain (a group sometimes referred to by the unflattering acronym PIIGS) have seen sharp drops in their exports, along with rising national debts, and higher inflation than other EU members.

The goals of this new body were not unlike those put forth by President Franklin Delaware Roosevelt in his 1941 congressional address on the possibility of a world guaranteeing the freedom of speech and of worship, of freedom from want and fear. ”1 The European treaty’s reference to “an ever closer union” conveyed a desire to overcome past animosities, prevent future conflicts, and to cherish unity built on four freedoms: the free movement of persons, services, goods, and capital. They remain at the core of the contemporary EU.

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