I believe here are the challenges:
<span>a) competition grom countries with larger economies (the strongest competitor come from United States, China, Russia, Japan, and South Korea)
</span><span>c) an aging population, ( In recent years they experienced about 77% increase in elderly population)
d) members with weak economies (Most notably is Greece which is really close to bankruptcy)</span>
<span>The favorable environment and climate.
Hope this helps!</span>
Commorde Perry had a fleet that was technologically superior
