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THE BIG BANG IN EUROPE
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Another ten countries will be able to join the European Union in the next two years. This expansion is entitled as "Big Bang" and can not be compared with any other. Slovakia will also be a part of it, which is important for us. Politically and economically, we will be ready to become a member of the EU in the year 2004. But do the present members of the union agree with it? It'll not be a piece of cake to finance the expansion of the EU, so the European Commission has to convince the sceptic members to cooperate. Why sceptic? Ten countries are supposed to join the EU. That's something about 76 million inhabitants. The GDP of the union would be only 5 percent higher as now, which is not a big contribution for the EU. But let's try to take a look at this fact from an other side. As a matter of fact, the growth potential of the candidate countries is higher than the growth potential of the present members.
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Paper Information
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Title: THE BIG BANG IN EUROPE
Words: 852
Rating: None
Pages: 3.4
submitted by: lekova7
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