Eu Enlargement

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  • Topic: European Union, Enlargement of the European Union, European Coal and Steel Community
  • Pages : 4 (970 words )
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  • Published : November 19, 2012
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EU Enlargement

Background
The European Union (EU) is an economic and political union of 27 member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), formed by six countries in 1958. In 1967 they merged into European Community. The Maastricht Treaty established the EU under its current name in 1993. The EU has grown its size by the accession of new member states. For example, on May 1st 2004, 10 new members joined the EU and EU-15 became EU-25. In 2007 it became EU-27 when Romania and Bulgaria joined. It seems that the enlargement will continue and many people begin to consider whether the EU should admit more members.

Countries should obey the accession rules if they want to join the EU. According to the ‘Copenhagen Criteria’, a member state must be a stable democracy, respect human rights and have the rules of law and the protection of minority. In terms of the economic aspect, it should have a functioning market economy. In addition, the country needs to adopt the common rules, standards and policies that make up the body of EU law.

Body
Commission: regarded enlargement as the “Union’s most successful foreign policy instrument.”

Following
the
enlargements
of
2004
and
2007,
the
EU
is
now
the
largest
integrated
economic
area
in
the
world,
accounting
for
more
than
30%
of
world
GDP
and
more
than
17%
of
world
trade.

New members can benefit more from enlargement than existing member states (Neuder, 2003) * Benefit of new members
* Strong economic growth:
* Benefit from the EU budget and access
to
EU
funds
 * The 10 new members can expect to receive up to 4% per annum of their GDP from the EU’s structural and cohesion funds for projects aimed at improving their economic structures. * e.g.
net
inflow
of
structural
funds
to
help
finance
infrastructure
projects and
environmental
projects. * Increase in GDP from 3.7%...
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