"Globalisation, which benefits only multi-national companies and takes away all sense of local or national pride and identity, is the biggest threat facing all the member states of the EU"

Steve Blake's quote suggests that globalisation is a significant hazard to the member states of the EU. Globalisation has been helpful to multi-national business, but it has removed the sense of regional or nationwide pride and identity. This has had an unfavorable impact on the member states of the EU, as it has actually damaged their sense of nationwide identity and pride. Globalisation has actually likewise led to increased competition between countries, as companies are able to move their operations to countries with lower labour expenses and taxes. This has led to job losses and a reduction in wages in some countries. Moreover, globalisation has caused a boost in inequality, as the rich have actually had the ability to benefit from the increased competitors while the bad have been left. In conclusion, globalisation has actually had a negative influence on the member states of the EU, and it is a significant risk that requires to be resolved.