Even after Britain’s vote to exit the European Union, Europe still stands strong and connected in many ways. The European Union is a treaty with 28 country participants, developed to bind its members with specific laws and an internal market. The Union was originally created after the Second World War to unify Germany and France, but now it serves its main purpose to allow the free movement of people, capital, goods and services between its members.
globalEDGE Blog - By Tag: nato
As a direct result of Russia's increasing influence and perceived expansionism into Eastern Europe, Sweden and Finland have recently agreed to tighten their relations with NATO. The two Nordic countries have long held interest in joining NATO, especially since Sweden abolished compulsory military service in 2010, but the recent push towards membership has been fueled by growing tensions with Moscow, especially by the unauthorized entry of Russian planes into their airspace. Although it is clear that both countries are joining primarily for security purposes, joining a security alliance such as NATO also holds important economic implications for the newly admitted countries and the international system.