Praxeological and functional trends in improving the economic integration of the European Union: to the problem statement

Abstract

This article analyzes the problems and trends of improving the economic integration of the European Union (EU) in modern conditions. It analyzes the key challenges that the EU faces in the process of deepening integration and creating a common market. Carrying out an in-depth review of economic integration in the EU, the article reveals the main challenges facing European leaders and institutions.
 The problems of the international economic integration of European countries into the system of relations of the European Union have recently become more and more urgent. The relevance of the chosen topic is determined by the fact that in the modern world, the problems of economic and international integration have gained importance, integration communities play an increasingly important role in global economic and political processes, accordingly, a constant analysis of their activities is necessary for timely amendments to the current, rapidly changing integration processes.
 First of all, the article focuses on issues of deep integration, such as the single currency - the euro, common fiscal policy and the European budget. The authors analyze how successful these initiatives were and whether they managed to achieve harmonization of the economic policies of all EU member states.
 The second aspect considered in the article is the issue of inequality between regions and countries within the EU. The authors analyze how regional differences in the economy can threaten the stability of the EU and what measures are being taken to reduce these inequalities.
 In addition, the article highlights the external challenges facing the EU in the context of geopolitical changes and global trade relations. It also examines the impact of various factors, such as Brexit and EU enlargement, on integration processes.
 The article highlights key trends such as the strengthening of the role of the euro, the development of the digital single market and the expansion of common rules and regulations. Attention is also drawn to the influence of new members and possible withdrawal from the EU on the integration process.
 The general conclusion of the article is that the economic integration of the European Union remains important and relevant, but requires constant adaptation to changes in the global economic environment. To ensure stability and prosperity, the EU needs to constantly improve its integration strategies and find solutions to the important problems it faces.