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An Outline Of The Fault Line In The European Union

Author

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  • Atanas Damyanov

    (International Business School – Botevgrad)

Abstract

In this research we have made all effort to avoid the natural, geological and physical aspect of the term fault. We have agreed that a fault refers to the absence of unity and agreement in a particular system. Thus, we have fundamentalized our views. The first emphasis is placed on the withdrawal of the United Kingdom (UK) from the EU. We trace chronologically the period from the adoption of the UK in the EU to the month of December 2020. We have established one of the reasons for Brexit, which refers to the mental differences between the UK and the Continent. Further on, we stress the fact that the faults in the EU, being diverse in nature, are also caused by a first-degree indirect relation to the wakening empires of the world, the Mitteleuropa philosophy, the separation of Old and New Europe, etc. We propose a two-factor matrix, which we use to find the relationship between the stages of the EU expansion and the degree of unity and agreement in it. In the conclusion, we argue that we shall set free from the integration romanticism and work towards a post-Lisbon treaty.

Suggested Citation

  • Atanas Damyanov, 2021. "An Outline Of The Fault Line In The European Union," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 3-13.
    • Handle: RePEc:dat:earchi:y:2021:i:3:p:3-13
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    File URL: http://hdl.handle.net/10610/4523
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    Citations

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    Cited by:

    1. Margarita E. Mihaylova, 2021. "The Impact Of Global Trends And Covid-19 On International New Ventures," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 46-58.
    2. Milena М. Kovachevich, 2021. "Economic Growth In The Eurozone And On The Balkans: A Cointegration Analysis," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 59-70.
    3. Velichka Nikolova, 2021. "Effects Of The Global Economic Crisis And The Covid-19 Pandemic On Sovereign Debt Management In Heavily Indebted Countries," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 31-45.
    4. Plamen P. Yordanov & Margarita I. Nikolova & Zhaneta E. Angelova, 2021. "Organizational And Economic Characteristics Of Compensations For Temporary Loss Of Capacity To Work," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 14-30.

    More about this item

    Keywords

    fault; morphogenetic structure; mentality; fish dinner;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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