For half a century the European Union has delivered peace prosperity and stability. Fostering
economic cooperation has been one of its main incentives. As a result the conflicts among
economically independent countries have reduced. Nowadays the European Union is no longer only
a partnership of countries but also a single market. Another result of the globalization which
is related to the free movement of goods services people and capital is the risen standard of
living. When aiming to create one strong and competitive economic area the first step has to
be to reach equal standards among all countries. This means to support and help disadvantaged
countries to develop and reduce their deficits but also to ensure sustainable growth without
limiting the opportunities for future plans. One of the keys to successful and sound growth
without restricting future possibilities is trans-national cooperation. In terms of competition
the only aim is to be more productive and generate more added values. Within international
cooperation every participant can benefit from knowledge or expertise exchange and learn more
about cultural diversity.
