THE EUROPEAN UNION GROWING ECONOMIC MUSCLES HAVE HAD WIDE SPREAD POSITIVE AND NEGATIVE IMPACT ON EUROPE'S POLITICS AND ECONOMIC PROSPECTS.

THE EUROPEAN UNION GROWING ECONOMIC MUSCLES HAVE HAD WIDE SPREAD POSITIVE AND NEGATIVE IMPACT ON EUROPE'S POLITICS AND ECONOMIC PROSPECTS.


The European Union growing economic muscles with tougher bank regulations intended to upgrade the member nations credits to the required European Union bank credit line for better economic performance of the all the European countries, besides the current restriction on the demand for the increase of the European Union financial rescue package for qualified member nations have had wide spread positive and negative financial, political and social impact on Europe's politics and economic prospects in regard to the European Union countries expectation of Democratic types of systems of governments with the projected world's huge economic markets that could surpass the world's huge financial and economic markets in the USA, Europe and Asia, particularly China, or Japan and rivaled the USA current currency position and authority as the world's only reserve currency previously believed would only be replaced by the Chinese currency the yuan.