23 Dec Significance of EU after Brexit (GS Paper I, II) Source : The Hindu
Significance of EU after Brexit Source- Today Current Affairs
Context : The EU announced on wednesday (22 Dec 2021) it is launching legal action against Poland for ignoring EU law and undermining the independence of the national judiciary
Introduction:
The European Union (EU) is an organization of 27 Countries . It is a political and economic organization . It was founded on 1 November 1993, Maastricht , Netherland.
Britain was one of the largest economic partners of the European Union, but by June 23, 2016,through referendum Britain decided to leave the European Union and Brexit took place by 31st Jan 2020. The Hindu Analysis.
After the implementation of Brexit , The free movement of Human and Economic affairs between EU and England has ended which would bring adverse social, economical and political consequences .
There was a huge debate after the exit of Britain about what would be the future of the EU. The EU would lose its significance and gradually it would be finished. But Still this organization is relevant for European affairs.
European union reformed in itself and made itself relevance for the Europe- Today Current Affairs
In July EU leader agreed to form a reserve for the emergencial assistance to european countries and this fund was of €5 billion fund (in 2018 prices) to be paid until 2025. EU countries will start receiving the resources by December, following parliament’s approval
Present days , the image of the European Union is not goot . Its image is negative as its many decisions were taken without any appropriate democratic pattern. . In the European Union , Law making body is the council of ministers and the European parliament . The Ministers are sent from the national governments and which holds the power as the democratic nature of the respective nature . If any flaws are there in the democracy of any country .
There must be that flaw in the EU. Members of the European parliament are directly elected . Thus, the decision-making bodies in the European Union have the same democratic legitimacy as national governments and parliaments. If there is a democratic deficit, it is the same at the national and European levels, and both national and European institutions should be examined and reformed.
The European Union is an institution known for the promotion of globalization but Unfortunately European Union after Brexit had failed to create a single and open market in Europe also .In fact, there is no institution in Europe which could influence social policies and these social policies are generally governed by the national government . There must be such institutions in the European Union also which could also interfere in the social policies also and which could make social rules as per the requirement of the European society . However, the hands of these authorities have been shackled by the same European institutions’ fiscal rules. The EU’s fiscal rules not only make it extremely difficult to compensate the losers from globalization, but they have actually amplified their hardship.European Union today is that, instead of helping those who suffer from globalization, it has implemented policies that hurt these people even more. The Hindu Analysis.
Conclusion:
Poland has been a member of Eu since 2004. But it generally undermines the judicial system of the EU and violates the laws of the EU. This was the reason the EU had to go for legal action . After Brexit, Definitely The power and prestige of the EU has been influenced but it does not mean that the EU has become irrelevant and non significant for European affairs. Still in the EU , one the most economical and political and strategic sounds countries are there . If EU does litter reform in their decision making process, it can improve its more credibility and authenticity and significance
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