New Member States Are Unlikely to Impact Significantly On Uk Economy

Birmingham PostMay 01, 2004

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Summary


The UK economy is unlikely to be significantly impacted by the addition of 10 new countries to the European Union, according to experts.

The new members -Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia -are seen as too small in economic terms to have much impact on existing EU states.

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New Member States Are Unlikely to Impact Significantly On Uk Economy

They will increase the EU's GDP by only five per cent, equivalent to the size of the Netherlands.

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