The neoliberal politics of the European Union. From theory to practice

The structure and activity of the directing bodies of the European Union is rather far-reaching and the hegemony of neoliberalism does not prevail on each field to the same extent. The policy of the chief directorates responsible for macroeconomics and the regulation of competition is, nevertheless, determined by the neoliberal ideology that focuses on budget discipline and the minimization of public expenses and the regulation of capital. This is reflected in the economic principles of this year's committee in spite of the fact that the economic achievement of the last period shows the failure of the neoliberal policy.