Managing the European economy after the introduction of the Euro
Managing the European economy after the introduction of the Euro

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Managing the European economy after the introduction of the Euro

1.2.2 Summary

  • The EU-15/25 is a large and prosperous player on the world economic stage.

  • It represents a continental-sized economy, able to compete with the USA and Japan (and China and India, somewhere down the line).

  • The new EU members who joined in 2004, and those lining up to join later, are at a different level of development to the EU-15.

  • This will pose considerable challenges for those managing and governing the newly expanding EU economy.

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