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Economic overviews
[Trends and indicators] [Progress
in detail] [Whats expected medium-long term]
Introduction and progress since the Europe Agreements
What are the Europe Agreements?
The Europe Agreements were bilateral
agreements between the EU and the different candidate countries
applying for membership. They were a framework for the pre-accession
strategy and provided the context for convergence between the EU
and these countries in economic, political and social terms.
The Europe Agreements cover a wide range
of issues such as: trade, political dialogue, legal approximation
and other areas of cooperation, including industry, environment,
transport and customs. The Europe Agreements have become the structure
within which these countries are preparing for membership:
| Country |
Europe
Agreement signed |
Europe
Agreement
came into force |
Official
application for EU Membership |
| Bulgaria |
March
1993 |
February
1995 |
December
1995 |
| Czech
Republic |
October
1993 |
February
1995 |
January
1996 |
| Estonia |
June
1995 |
February
1998 |
November
1995 |
| Hungary |
December
1991 |
February
1994 |
March
1994 |
| Latvia |
June
1995 |
February
1998 |
October
1995 |
| Lithuania |
June
1995 |
February
1998 |
December
1995 |
| Poland |
December
1991 |
February
1994 |
April
1994 |
| Romania |
February
1993 |
February
1995 |
June
1995 |
| Slovakia |
October
1993 |
February
1995 |
June
1995 |
| Slovenia |
June
1996 |
February
1999 |
June
1996 |
| Country |
Association
Agreement signed |
Association
Agreement
came into force |
Official
application for EU Membership |
| Turkey |
September
1963 |
December
1964 |
14
April 1987 |
| Malta |
December
1970 |
April
1971 |
16
July 1990 |
| Cyprus |
December
1972 |
June
1973 |
3
July 1990 |
Requirements for EU membership
The timing of EU accession for each country is directly related
to the progress made in preparing for membership. The European Council
of Copenhagen in 1993 laid down the basic criteria in this respect.
The Copenhagen criteria require:
- Stability of institutions guaranteeing democracy, stressing
the rule of law, human rights and respect for and protection of
minorities.
- The existence of a functioning market economy as well as the
capacity to cope with competitive pressure and market forces within
the European Union.
- The ability to take on the obligations of membership, including
adherence to the aims of political, economic and monetary union.
How do we measure the progress?
The progress made by the applicant countries in fulfilling the
accession criteria is monitored by the European Commission, which
submits annual Regular Reports to the Council on the performance
of each country. Overall, candidate countries have reached a high
degree of alignment in many areas, as a result of the considerable
progress in transposing the acquis communautaire (the
body of EU legislation and regulations that the accession countries
have had to implement as a condition of joining the EU) over the
last few years. In accordance with the Copenhagen criteria, the
Regular Reports measure the progress made at all levels: political,
economic, administrative and in the implementation of the acquis.
The negotiations with the 10 best-prepared candidate countries
were concluded on the basis of their progress in implementing the
acquis up to now, and on their commitment to continue doing
so until their accession.
On the basis of its fifth set of Regular Reports, presented in
October 2002, the Commission recommended to the European Council
that:
“Cyprus, the Czech Republic, Estonia, Hungary,
Latvia, Lithuania, Malta, Poland, the Slovak Republic and Slovenia
fulfil the political criteria. Bearing in mind the progress achieved
by these countries, the track record in implementing their commitments,
and taking into account their preparatory work in progress and foreseen,
the Commission considers that these countries will have fulfilled
the economic and acquis criteria and will be ready for membership
from the beginning of 2004. The Commission therefore recommends
to conclude the accession negotiations with these countries by the
end of this year with the aim to sign the Accession Treaty in spring
2003”.
The Commission continues to monitor their progress and report to
the Council during 2003. It will also be providing additional support
to ensure that the acquis can be efficiently implemented.
Bulgaria and Romania
will continue their preparations on the basis of road maps agreed
with the Commission.
As for Bulgaria and Romania,
the European Council agreed to support their objective of joining
the EU in 2007, on condition that each country meet the accession
criteria and conclude the negotiations. Regarding Turkey,
the European Council agreed to support that the EU should further
strengthen its support for Turkey's
pre-accession preparations and that the Commission will report on
progress at the end of 2004.
Is there any visible progress?
Even if the differences are still very significant, in the view
of the European Commission visible progress has taken place in the
following areas:
- Stable democracies have emerged, in a record period of time,
with democratic institutions and increased respect for minorities.
- The economic reforms in those countries have proven truly successful,
leading to high rates of economic growth (higher than the EU)
and better employment prospects.
- EU’s financial assistance and the prospect of EU’s membership
have proven to stimulate the path towards reform.
- The increasing level of trade and investment between the EU
Member States and the candidate countries has resulted in more
employment and growth.
What are we aiming at with enlargement?
It is not the first time that the EU has been enlarged. Each enlargement
has confirmed the following trends:
- The creation of a deeper area of peace, stability and prosperity.
After this enlargement, the biggest in the world.
- The addition of more than 100 million people, in rapidly growing
economies, adding to a total of almost 500 million people, boosting
economic growth and creating jobs all across the new EU
- Better quality of life for citizens throughout the protection
of the environment, and the fight against crime, drugs and immigration.
- The arrival will enrich the EU in cultural diversity, exchange
of ideas and better understanding of other peoples.
- Enlargement will strengthen the Union’s role in world affairs,
mainly through security and trade policy and in the context of
global governance.
What would happen without enlargement?
Political development in the EU over the last two years or so has
been very much directed towards preparing for enlargement and it
is therefore difficult to postulate the future of the EU without
enlargement. However, some opinions regarding outcomes should enlargement
not proceed include:
- Delay in enlarging the single market would lead to continuing
the trend of poor economic performance
- In the candidate countries this may stop the reforms taken
towards democratisation, with potential repercussions for the
European Union
- It would also weaken economic reform and, therefore, discourage
foreign investment and reduce economic growth.
- Without enlargement it would be much more difficult for the
EU to combat the problems of organised crime, illegal immigration
and terrorism.
- It would encourage Euroscepticism in the current member states.
For more information:
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in detail] [Whats expected medium-long term] |