In: Economics
Although European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU?
solution-
The European union is a harmonious pack made between the partenering states,where they harmonize laws on a wideange of economic,political and social issues.This European integration began after the world war II by six european countries to maintain the peace,security and economic development.If we see todays scenario,then it has 28 member states of central and eastern Europe.
The European union is largely viewed as an epitome of European stability and prosperity,but sometimes every good thing also do have a black lining.Just like that, the EU also faces a range of economic and political pressures,which includes slow growth,persistently low employment probabilities,as well as the rise of populist political parties(which are harbouring the peace of the integration and harbouring anti-EU sentiments)
Factors like this are complicating the EU's ability and capability to deal with a magnum amount of internal or external challenges,some of them like the greek debt crisis,a resurgent Russia,high terrorism threatthe United kingdom referendum on EU membership as well as the migration and refugee crisis.