1. EC433 Lecture 2
Dr Stephen Kinsella
Lisbon
Budget
CU Theory

2. Last Week
EU is an economic solution to a
political Problem

3. Today’s Main Message
“History affects
current spending
priorities and affects
the path of economic
integration”

4. Lisbon

5. What is Lisbon?
What does it do?
What does it mean?
Why did it fail?

6. What is Lisbon?
Amends Previous Treaties

7. Why?

8. Lots of Reasons.

9. Streamline Bureaucracy

10. Introduce Qualified Majority Voting

11. What does this mean?

12. No.Veto.

13. No.Veto.