Wednesday 20 November 2013

The other side of the EU

Not everything related to the European Union is "hapiness", help, economical improvement... What I mean is that as everything else, it has got its down sides, challenges and problems; and that's what today's post is about.



The European Union's main challenges are:
→ Citizen's rights & racism
→ The economic crisis
→ Enlargement and Constitution
→ The European regional differences
→ Globalization vs. Diversity
→ The international role

As you can see, there are many but I will be just broadening the economic crisis as it affects us directly.




The origin of the crisis (explained briefly) comes, in economists opinion, from the US because of people buying expensive houses even though they did not have enough money. This created a housing bubble which made the houses prices rise more and also loan companies made it easier to get a loan, even if the borrower did not have a good credit history. In addition, the housing companies built too many houses. This caused the decreasement of house prices and as a result many people were paying more money than their house adequate value.

The most popular crisises are the one in Greece and the one in Spain.
The crisis in Spain has created a great amount of unemployment and misery in some cases, and a huge chaos in the whole country.





There are lots of points of view regarding to this issue and people think that the answer is in leaving the EU and in some cases, they think the most appropiate thing to do is to end up with the union.
The simple solution to this problem is, the way I see it, to stop making amendments in laws in order to fix this and focusing more on not stealing and not messing around with us, the citizens and our rights. 



For more information, click here: The crisis

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