Two years later, the biggest enlargement ever of the European Union is an economic success: the 10 new Member States’ economies are growing at a rapid pace enabling them to progressively bridge the gap with their richer neighbours. But the latter also win as the increase of the EU’s single market by 75 million to 450 million inhabitants brings a wealth of trade and investment opportunities. More importantly, enlargement has acted as a force of modernisation in the EU as a whole – a timely force given the sudden emergence on the world scene of China and India.
On the occasion of the second anniversary of the enlargement of the European Union to 10 new countries the Commission adopted the Communication Enlargement, Two Years After An Economic Success. It covers the economic aspects.
It is accompanied by a more detailed and general assessment by the Bureau of Policy Advisers and the Directorate-General for Economic and Financial Affairs.