of finance. The EU holds only 1.27 percent of the total GNP of the Member States. Which means that the resources available to the EU are minuscule compared to the resources available to the Member States. The source of the EU’s income comes from a small percentage of the taxes collected in Member Sates and duties collected from trade with other countries. Unless it finds other sources of revenue the European Union will stay at its current situation of not quite becoming a Supra-national organization (Gallagher 126). In conclusion the answer to the question of the status of the European Union in regards to it being a Supra-national or an intergovernmental organization is: it is a little bit of both. Changes in the different branches of the European Union will head it in the direction of becoming a Supra-national entity. These changes may include strengthening the European Court of Justice and generating more capital. The ultimate goal must be to dispel the fear the Member States have of losing their sovereignty and creating a strong sense of European nationalism. ...
