Problems of Economic Growth of the European Union Countries in the Context of Global Competition

The article reveals the main trends in the dynamics of economic growth in the European Union countries. The purpose of the article is to analyze the dynamics of economic growth in the EU countries against the background of economic rivalry and the redistribution of world markets between the main economic actors – Europe, the United States and China. The dynamics of the economic growth indicators of the EU countries is considered in conjunction with the analysis of the target indicators of the EU economic strategies. The data is studied using the method of macroeconomic and political economic analysis. The article outlines the economic trends of 2018–2025. In European countries, taking into account the autumn forecast of the European Commission for 2025 for a three-year period. The macroeconomic indicators of European countries show the multidirectional dynamics of macroeconomic parameters with similar economic policy instruments in the EU Strategies. The main factor influencing the technical recession in the leading European countries is the structural transformation of the economy due to the redistribution of control in the main world markets, the reorientation of the leading European countries from the production of peaceful products to products of the military-industrial complex. Economic trends and dynamics of macroeconomic indicators in European countries can be taken as the basis for research on economic patterns of development, taking into account the subjective factors of economic policy reflected in EU Strategies and the development of public policy instruments. The reason for the economic well-being of European countries is the long-term dominance on the world stage in the postcolonial regime, but geopolitical problems and the growing sanctions confrontation negatively affect macroeconomic dynamics. The insignificant economic growth of European countries and the economic recession in Germany are closely related to the structural restructuring of the EU economy under the influence of exogenous factors. The redistribution of commodity and energy markets between the countries of Europe, China and the United States aims to create conditions for the dominance of European countries in the next technological order.