European Union economic policies

The European Union’s economic policies aim to promote growth, stability, and fair competition among its member countries. Key priorities include creating a single market that allows free movement of goods, services, people, and capital, establishing common rules to ensure fair trade, and maintaining fiscal discipline to prevent excessive government debt. The EU also supports regional development and innovation through funding and initiatives. By coordinating economic policies, the EU seeks to enhance economic stability, reduce disparities among member states, and ensure sustainable growth benefiting its citizens and the wider economy.