The present global crisis is far away from being solved and EU is trying hard to manage a more realistic economic recovery plan. This textbook combines the comprehensive coverage of the key policy areas of the European Union with the analysis of the global crisis impact. The main problem is that the economic recovery process is very slow and EU is not yet able to find optimal solutions for its Member States. The economic environment is changing very fast and it is very difficult to find pertinent trends for the next few years. The main objective of this research is to overview the EU economy...