Greece; ever since I moved to America and for years thereafter, I have been trying to find news, any news about Greece in the local and national US newspapers. But, after years of failing to do so, I came to the realization that Greece, is really too small – it does not matter. This of course was to change with 2010 rolling in…
It has been now about two months that, to my shocking surprise, we have been bombarded with news about Greece. Every single day, there is one or more stories in the front page of the Wall Street Journal and other newspapers, all analyzing the importance of Greece in the European Union in particular, and the world’s financial health in general. I have spent the last few days in Denmark and Germany and a day does not go by without seeing Greece in the front, middle and back pages of the Financial Times and other newspapers written in languages beyond the four I can personally speak. So the question is, what makes little-tiny Greece, all of a sudden the center of the universe again? Don’t get me wrong, I am thrilled that Greece is in the news daily, but the question is why does Greece matter?
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Referendums offer the entire electorate the chance to participate in decisions on specific issues. The UK has thus far held six referendums.
The first UK-wide referendum was held in the 1975 and was concerned with continued membership of the European Economic Community (EEC), also known as the Common Market. The poll, held on June 5th, 1975, commanded a high turnout (65%) and resulted in almost two-thirds in favour of continued membership. Every administrative area in the UK voted ‘Yes’, bar two small Scottish island regions.
The question put to the electorate was this: “Do you think the UK should stay in the European Community (Common Market)?”
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The European Union is commonly abbreviated as simply the EU, and is the collection of many of the countries located in what is generally considered to be the continent of Europe. The Union has been in existence since 1993, and the initiatives it has undertaken have been both political and economic. Perhaps the most publicly well known initiative that is recognized in North American is that the European Union established a standardized currency across most of Europe, which is known as the Euro. European Union trivia will show that sixteen countries have now adopted the Euro officially.
A European Union quiz will show that there are twenty seven countries that are members of the organization. They are in alphabetical order, Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK.
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