Challenges and Prospects for EU Economy: Addressing Problems and Shaping Future Directions for a Sustainable Growth

Balu Florentina Olivia (), Gole Iulian (), Dumitrache Marian Victor () and Bigu Potcovaru Ana Mădălina ()
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Balu Florentina Olivia: Université de Genève
Gole Iulian: MBA Bucharest University of Economic Studies, Bucharest, Romania
Dumitrache Marian Victor: Bucharest University of Economic Studies, Bucharest, Romania
Bigu Potcovaru Ana Mădălina: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2025, vol. 19, issue 1, 5343-5354

Abstract: The European Union (EU) faces multiple economic challenges in the context of a globalized and interconnected world. These challenges include managing economic growth, addressing sustainability issues, reducing economic disparities and integrating new digital economies. The article aims to analyze these challenges and explore the possibilities of achieving sustainable economic growth at the level of the European Union, through a mixed methodological approach. The research combines documentary analysis of the specialized literature and reports of European institutions with empirical analysis based on economic data provided by official sources, such as the European Commission and Eurostat. Within the framework of this analysis, the impact of the main European economic policies is assessed and the strategic directions necessary for strengthening a sustainable economic model are identified. The results of the study underline the importance of an integrated economic policy that favors balanced regional development, the integration of digitalization and the adoption of innovative solutions to reduce economic inequalities. The article thus provides a detailed understanding of the current economic challenges and the measures necessary to ensure a sustainable economy within the EU.

Keywords: Sustainable Growth; EU Economy. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:19:y:2025:i:1:p:5343-5354:n:1048

DOI: 10.2478/picbe-2025-0409

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