Posted on 02/20/2009 8:53:08 AM PST by Ernest_at_the_Beach
The FINANCIAL -- What have been the economic consequences of the 2004 and 2007 EU enlargements for the ‘new’ member states? In parallel to the publication of the European Commission’s report on the recent EU enlargements, EUROCHAMBRES asked national Chambers of Commerce from newly acquired Member States to evaluate how their inclusion in the EU impacted on their economic situation and performance.
"Respondents believe that the main economic benefits of EU accession have been a higher degree of macroeconomic stability, an easier access to larger markets (including capital markets) and very positive trade ad investment flows, including Foreign Direct Investment. They also note that services, manufacturing and construction are the sectors which benefited the most from EU accession." EUROCHAMBRES reports.
Yet, some significant shortcomings persist.
(Excerpt) Read more at finchannel.com ...
I saw this and thought the article might be of interest.
The narcissist speaks! All must heed him!
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