Pros and cons of budgetary austerity. Common policies are one of the most well-known and spectacular aspects of European activity. They determine its character and millions and millions of citizens are directly affected by them and it is, above all, through these policies that people get to know the EU. The issue of updating these policies is being examined, beginning with the CAP (common agricultural policy), which is famous (and sometimes opposed) throughout the whole world. There is also...