The European Union & The Eurozone crisis

The Idea of United Europe come to be strong economic , and it was made 1939-45 .  By 1950 the Britian did not want to join the EEC because of the special relationship with the USA . Initialy france did not also want Britian to join the EEC because there was a critical relationship with USA ." A referendum (also known as a plebiscite or a vote on a ballot question) is a direct vote in which an entire electorate is asked to either accept or reject a particular proposal", Wikipedia.

-What percentage of world trade belongs to the EU ?

Goods sold by the EU Member States with third countries (known as the extra-EU trade)

as shown in the figure that the EU have the highest trade percentage in exports . 

The running of the EU involved 5 institutions ; The Europran counsil , The Council of Minister , The European Commission , The European parliment and European Court of Justice . And Every insitution have its own part with the EU .In 2009 Bulgaria and Romaia joined EU .

MEPs means the Member of European Parliaments , it consists of 736 MEPs from all the European Union countries, 78 of them are from the United Kingdom.

Austerity Measures : Is an official action taken by a government in order to reduce the amount of many that it spends or the amount the people spend .