As Europe approaches the second half of the 21st-century's second decade, it faces pressing issues of anti-EU sentiment, sluggish economic growth and high unemployment. While many are calling for a greater degree of integration between the European Union's member-states, growing concerns regarding the region's struggling businesses and sluggish GDP growth are giving rise to Euroscepticism, or a lack of faith in the EU's ability to bring about significant improvements. According to a report released in October of 2013 by the International Federation of Red Cross and Red Crescent Societies, 120 million Europeans were at risk of falling into poverty.Continue Reading
Research conducted by the World Health Organization points to an increase in European suicide rates that parallels the region's rise in mass unemployment and the shrinking of the its middle class. Increased illegal immigration and growing xenophobia are also generating a greater risk of political instability and social turmoil. One of the problems affecting the business sector, and adding to the unemployment situation, is the inability of small businesses to obtain much-needed loans.
Coordination of differing foreign policies across the European region is poor and it is believed that a much greater degree of collaboration will be needed to prevent otherwise avoidable security and economic threats. The region's financial system has not been fully stabilized, particularly with regard to the large banks, and there is the potential for a significant inflation issue to develop in the long run.Learn more about Modern Europe
The Balkans are often referred to as the "Powder keg of Europe" because the area saw a number of smaller events that eventually set off much larger ones, leading to World War I. The area is also sometimes called the "Balkan Powder Keg" and refers specifically to the early 20th century before World War I.Full Answer >
Napoleon Bonaparte had a significant impact on Europe, ending the French Revolution, creating the Napoleonic code of civil law and waging conquest throughout Europe during the Napoleonic Wars. Even though Napoleon was eventually defeated by the competing empires of Great Britain, Prussia, Austria and Russia, Napoleon's ideals of freedom, social equality and the abolishing of European feudalism had a great impact on many European nations.Full Answer >
The Balkans were known as the "Powder Keg of Europe" because of its constant disagreements regarding land distribution and an extreme sense of nationalism, which made the area a hot bed for small conflicts and larger wars. The Balkans had this title throughout the beginning of the 20th century, before World War I.Full Answer >
Despite the fact that production of war necessities, such as automobiles and airplanes, skyrocketed, Europe suffered heavy debt thanks to World War I, and paying back this debt threw the economy of Europe into a period of great inflation. Out of all of Europe, Germany was hit the hardest.Full Answer >