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Eurozone and European Institutions
Eurozone
What is the Eurozone?
The Eurozone consist of those Member State of the E.U. that have adopted the euro as their currency.
How many countries are in?
The Eurozone has 19 countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
The Institutions of the EU are:
3-The European Council: Is made up of ministers. It approves the EU laws.
4-The European Court of Justice: Is made up of judges. It makes sure that European laws are enforced.
2-The European Parliament: Is made up of the members of the European Parliament (MEPs).
5-The European Court of Auditors: Controls the EU funds.
1- The European Commission:Is the government of the EU
What are their challenges?
3-Support sustainable economic development which is respectful of the environment.
4-Promote cultural diversity among EU countries.
2-Promote solidarity among EU countries with policies.
5-Animate scientific and tehcnological advancement in order to allow for the EU to continue progressing.
1-Guarantee employment for young people who have lost their jobs .
Who are the presidents of the European Institutions right now in 2021?
-The European Council President is:
Charles Michel
and he's from Belgium.
-The European Court of Auditors President is:
Klaus-Heiner Lehne
and he's from Germany.
-The European Parliament is:
David Sassoli
and he's from Italy.
-The European Court of Justice President is:
Róbert Ragnar Spano
and he's from Iceland.
-The European Commission President is:
Úrsula von der Leyen
and she's from Germany.
How are they governed and How do they do it?
-The presidents are selected by the vote
-They changes of president per each six months
-They distribute in five funds.