A Political and Economic Dictionary of Western Europe by Claire Annesley

By Claire Annesley

A Political and financial Dictionary of Western Europe is a useful consultant for these looking rationalization of phrases, or a short reference resource. the variety of entries is extensive and encompasses the new historical past and economic system of every nation of the sector in addition to political events, geographical good points, well-liked members, foreign agencies and key companies. It offers over six hundred key definitions and offers an summary of the altering political dimensions of Western Europe and its family with the ecu Union.

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The Bundesrat shares legislative power with the Nationalrat. All legislation passed by the Nationalrat must be presented to the Bundesrat for review. The Bundesrat can at most delay legislation by sending it back to the Nationalrat. The Nationalrat can, however, override the Bundesrat’s veto. A constitutional amendment in 1984 increased the powers of the Bundesrat. Now any proposed constitutional changes that alter the distribution of powers to the disadvantage of the regions require the approval of two-thirds of the Bundesrat.

Since the start of stage three of Economic and Monetary Union on 1 January 1999 the Banque Nationale de Belgique has been a member of the European System of Central Banks and the Eurosystem and it implements the decisions of the European Central Bank in Belgium. be/ A political and economic dictionary of western Europe 24 Barroso, José Manuel Durão José Manuel Durão Barroso is President of the European Commission for the term 2004–08. Barroso struggled in November 2004 to obtain approval from the European Parliament for his proposed cabinet of commissioners.

Founded in 1945, the party traditionally represents the A political and economic dictionary of western Europe 18 interests of farmers, entrepreneurs and public servants. The party promotes Christian values in politics and stands for a sustainable social market economy. It advocated a reform of Austria’s welfare state and a more flexible labour market. The party has favoured and campaigned for Austria’s membership of the European Union (EU) and promotes the eastern enlargement of the EU. The ÖVP has governed for much of the post-war era.

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