What is European Union ?
A member state of the European Union is a state that is party to treaties of the European Union (EU) and thereby subject to the privileges and obligations of EU membership. Unlike the membership of an international organisation, EU membership places each member under binding laws in exchange for representation in the EU's legislative and judicial institutions. On the other hand, EU states retain considerable autonomy compared to the constituent states of a federation (such as a U.S. state), maintaining their national military and foreign policy (where they have not agreed to European action in these areas).[1]
The union currently consists of 28 member states. In 1957 six core states founded the Eu's predecessor, the European Economic Community. The remaining states have acceded in subsequent enlargements. On 1 July 2013 Croatia became the newest member state of the EU. In order to accede, a state must fulfill the economic and political requirements known as the Copenhagen criteria, which require a candidate to have a democratic, free market government together with the corresponding freedoms and institutions, and respect for the rule of law. Enlargement of the Union is also contingent upon the consent of all existing members and the candidate's adoption of the existing body of EU law, known as the acquires communitarian.
Scholarship in Europe in Engineering
European company law is an emerging field of legal scholarship, which concerns the formation, operation and insolvency of corporations in the European Union. There is no substantive European company law as such, although a host of minimum standards are applicable to companies throughout the European Union. All member states continue to operate separate companies acts, which are amended from time to time to comply with EU Directives and Regulations. There is, however, also the option of businesses to incorporate as a "Societas Europa ea", or "SE", which allows a company to operate across all member states.
A member state of the European Union is a state that is party to treaties of the European Union (EU) and thereby subject to the privileges and obligations of EU membership. Unlike the membership of an international organisation, EU membership places each member under binding laws in exchange for representation in the EU's legislative and judicial institutions. On the other hand, EU states retain considerable autonomy compared to the constituent states of a federation (such as a U.S. state), maintaining their national military and foreign policy (where they have not agreed to European action in these areas).[1]
The union currently consists of 28 member states. In 1957 six core states founded the Eu's predecessor, the European Economic Community. The remaining states have acceded in subsequent enlargements. On 1 July 2013 Croatia became the newest member state of the EU. In order to accede, a state must fulfill the economic and political requirements known as the Copenhagen criteria, which require a candidate to have a democratic, free market government together with the corresponding freedoms and institutions, and respect for the rule of law. Enlargement of the Union is also contingent upon the consent of all existing members and the candidate's adoption of the existing body of EU law, known as the acquires communitarian.
Scholarship in Europe in Engineering
European company law is an emerging field of legal scholarship, which concerns the formation, operation and insolvency of corporations in the European Union. There is no substantive European company law as such, although a host of minimum standards are applicable to companies throughout the European Union. All member states continue to operate separate companies acts, which are amended from time to time to comply with EU Directives and Regulations. There is, however, also the option of businesses to incorporate as a "Societas Europa ea", or "SE", which allows a company to operate across all member states.
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