The purpose of this study is to identify the causal relationship between the experience of European financial integration and the need to create a prosecutorial supervision body in the European Union (“EU”). In this regard, the task of the study is to study the totality of the legal framework governing public relations in the field of European integration, as well as the analysis of the EU legal act that established the European Public Prosecutor’s Office. Both general scientific methods and special methods, including the formal legal method, were used to solve the tasks set. The article examines the prerequisites for the creation of the European Prosecutor’s Office, expressed in the difficulties in the implementation of legal means to combat economic crisis phenomena in the financial and other spheres of the EU functioning. The authors note these problems and compare them with the competencies of the European Public Prosecutor’s Office. Considering the first results of the activities of the European Public Prosecutor’s Office, they indicate the distinctive features of the European Public Prosecutor’s Office from other EU bodies, which will ensure the achievement of the best results in matters of EU financial integration. In this regard, the study of this issue is needed for national prosecutorial supervision bodies when interacting with the European Public Prosecutor’s Office, as well as for the Eurasian Economic Union (“EAEU”) bodies regarding the possibility of creating a similar supranational body in the EAEU while continuing financial integration into the EAEU.
EU law, European Public Prosecutor’s Office, European Financial Supervision System, European supervisory authorities, VAT, EU budget
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