Committee
European Union
Country
Austria

Author

Cite as https://mymun.com/ppdb/3331

Country: Republic of Austria

Committee: European Union

Name: Amalie Anda Vangen and Simone Chaikin

Delegation: University of New South Wales, Sydney Australia

Topic: [Structural Reform of the European Union]

The Republic of Austria recognizes the importance of structural reforms of the European Union to bolster growth and productivity, reduce unemployment and improve living standards. These reforms are necessary to combat the economic and social problems that have plagued Europe since the 2008 Global Financial Crisis (GFC). They will ensure that Europe will never again face such a debilitating economic recession. Austria has seen our fellow European Union members suffer from unprecedented unemployment levels, large budget deficits, and unsustainable debt. Austria strongly believes that it is the responsibility of the European Union as a whole and its member governments to work closely together to solve these problems. Structural reforms are crucial to the success if not the future of the European Union, which must adapt to the changing global environment.

Since its creation in 1993 under the Maastricht Treaty, the European Union has played a major role in boosting the economic conditions and financial interdependence of its member countries. The close economic and political ties of European countries have contributed to its peace and prosperity. Austria believes that the European Union must not be undermined by the current economic, social and political c...