How it influences in Europe and Latin America to be able to understand what globalization should properly understand their origins and understand towards where we’re going, toward where the societies are directed globally and to understand the factors that have determined the new economy, the new competitive scale, the economic blocs but what is the phenomenon of globalization?. It is a recent process as some authors share or is something that always existed?. In reality there are irrefutable and empirical information from both currents both skeptics and the globalists but there is undoubtedly something that is indisputable that there are two factors that increased the rapidity and agilidez of globalization in terms of its dynamism.We can clearly see so-called virtual financial markets that moved nearly $ 2 trillion daily, the economic blocs that have been formed to have a greater competitiveness have been causing not only an increasing globalization but a wild capitalism producing an inequality between the old continent and America Latin.Globalization is a real and dynamic event which not only relates to economic factors as it believes erroneously but also social and cultural. Let’s see its consequences around the world. Globalization in Europe: the acceleration of globalization is due to the convergence of two phenomena: 1) the rapid development of new technologies of information and the media.2) the fall of the Berlin wall in 1989. To put Europe in the age of globalization, you need to determine where it is today. We can see its strategic process with the creation of the economic bloc, this being the most powerful of all the blocks.Globalization has benefited Europe, not only in a competitive fashion against external agents, but it has allowed through a historic process to carry out a regional economy formed by industrialized countries that increasingly expands more by having unified its discrepancies ideological, political, cultural, and social.