THE BUSINESS RISK AND ENVIRONMENT SPECIFIC OF THE EUROPEAN UNION

The international economy is marked by a multitude of base mutations, which re-shape the intricacy of interdependencies based on which it functions. The development of the informational society and the continuous adaptation of economic structure to the rapid changes that happen globally virtually place all nations in a continuous restructuring and transition process. Two main dynamic and interdependent forces lead this process, that is: the strengthening of the world economy globalisation process and the appearance and development of regional economic arrangements. The treaty regarding the constitution of the European Union comprises a series of regulations which refer directly to ensure of the Community industry's competitively - related conditions. This is achieved through a complex system of open and competitive markets.