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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 631 | 
                
    
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It is important to stress that this time the extent of EU rise outweighs previous stages and the level of European integration is higher. One of the biggest problems of the European Union is the single market rate. Controlling the interest rate is a very powerful weapon to try to balance with the many different economic cycles with only just one interest rate...
        
        
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Controlling the interest rate is a very powerful weapon to try to balance with the many different economic cycles with only just one interest rate. Also, membership in the European Union will become a challenge for the national identity of its new member states, because the free movement of people can eventually result in cultural mixture...
        
        
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