Geopolitics Magazine March - April 2015 ( 8th Edition ) | Page 74

Geopolitics & Daily News Magazine custommers corporations State Supliers compettitors Figure 2: A simplified representation of an Economic Ecosystem. Red lines represent cash flows, blue lines value/products and black lines the mutual forces which are developing between competitors. The European Union Ecosystem There is a great confusion over what EU is; Mass Media tend to simulate Europe with EU and in most EU countries, Eurozone with EU. But the truth is that EU is just a group of 28 countries within European Continent while Eurozone is a just subset of 19 EU member states. (Piris 2010) (Christiansen and Reh 2009, Eubusiness 2011) 1. Europe Map Geopolitics.com.gr all rights reserved 2015 Page 72