EU Economic Integration and Business

The European Union economic issues revolve about common spheres of the European Union’s economic development and about European Union’s member states’ economic development in order to make their economies more efficient, productive and more competitive on the European and the world markets. The whole EU economy is developing, both in economy sectors, vertically, that is among the member states, and horizontally, that is from the European Union to the member states, the economic development issues in the EU have become so urgent, decisive, that Germany, France and United Kingdom, which are the three leaders of the strongest economic powers in Europe, suggested in the Commission a separate commissioner with the rank of Commission’s vice-president on enterprises and industry. EU economic integration offers to the member states some important economic issues like: secure access to the partner’s markets, efficient use of resources, increased investment opportunities, reduced trade expenses due to elimination of trade barriers and increased competition and as a consequence reduced prices and even more.…