Please,I need answers ASAP. Thank you!

Read the following materials: 1. EU signed Comprehensive Economic and Trade Agreement with Canada and Economic Partnership Agreement with Japan. EU try to build Transatlantic Trade and Investment

Partnership with US. 2.European Monetary Union was established in 1969, and European monetary system is formed in 1970s. Finally, the euro is the only currency used in the twelve countries in 2002. 3. On October 20, 2009, Greek government announced that its former predecessor had covered up the fiscal deficit and government debt. It is estimated that the ratio of fiscal deficit to GDP will reach 12.7% instead of 6.7%. The crisis quickly spread to Ireland, Portugal, Italy and Spain, and even became the sovereign debt crisis of the Piigs in the euro zone. On May 10, 2010, EU provided temporary (three-year) stability mechanism with a total amount of 750 billion euros to the debt crisis countries.

Questions: (1) What are the benefits after EU signed these agreements with Canada, Japan and United States? (6) (2) What is the role of European monetary integration? (6) (3) Whats your opinions on European financial integration and fiscal integration? (8)