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Politics : Foreign Policy Discussion Thread
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To: KLP who wrote (4505)2/24/2003 9:11:24 AM
From: zonder  Read Replies (1) of 15987
 
Yes, and so?

What you are saying is:
(1) EU economies have been slowing
(2) EU depends on external demand

This, of course, has nothing to do with the issue I have raised re economic viability for the EU to embrace so many east European countries.

My question was, and remains, if it is economically desirable for EU countries to finance these ex-Soviet east European countries to reach west European standards.

There are several issues to ponder here.
(1) The pure investment necessary that will come out of west European pockets, just like it happened with Portugal and Greece when they first became members of the Union
(2) The business that will desert west-EU for the eastern countries that have less restrictions and lower costs of production.

So my question remains - Is there an economic benefit for the EU, enough to offset the costs inherent in bringing these countries into the union?
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