European Union is totally new in a sense that it emerges and enlarges as a governance model which adapts the changing state of the globalization. Hence, only till now the term of "New Regionalism" appears. In other words, in the period of 1950s to 1970s there was no such thing as political integration which was the spill-over effect of the economic integration of European Community, a result of which New Functionalists had ever predicted. The reasons of retardations of the European Integration are many: the collapse of Bretton Woods System and the burst of two oil Crises had made European countries protect their own economies and lower the will to integrate with each other. North Atlantic Treaty Organization (NATO) dominated by the U. S. has also replaced the possible defense project for the European countries. Besides, deciding to sustain their own sovereignties the European countries made "Luxembourg Comprise", which gave member states of EC the veto power to the subjects concerning to their vital national interests. This paper discusses why the European Union could be reunion when the Single European Act (SEA) had been approved in the end of 1950s after a long stagnation of regional integration since the middle of the 1970s. This paper argues that the decline of the U.S. dollars and the decline of the Cold War provided the economic and political environment for European countries to integrate. For encouraging the economic incentives, major European countries' ruling parties ended the policies of Keynesian School and constructed a relative convergence for a European-wide laissez-faire economic policy. However, the most important impetus for the building of the European Union is the less strengthened role of the European region in the global competitiveness. For yielding Part of their sovereignties, EU countries can enlarge their capacity, and survive much stronger in a global World.