How Successful Have The Governments And The Central Banks Of The Ten Countries Who Joined The European Union On The 1st May 2004 Been In Running Their Economies Over The Last 3 Years ( From 19th Of March 2006 Until 19th Of March 2009)

br Name of StudentEuropean Union-Economy of Latest ten CountriesIntroductionIn 1957 , the Heads of government of France , Belgium , peachy of Luxembourg , West Germany , The Netherlands , and Italy signed the conformity of capital of Italy . The Treaty of Rome was the founding treaty of the European Economic residential district (EEC , which posterior became European Union (EU (EU Facts 2007 p1 . The EU has gone finished sestet expansions since it came into being the fifth and largest took place in 2004 where a exhibit ten countries joined . The treaty has rules and new members moldiness get together a number of conditions prior to hit in , among them a joining member must yield a functioning mart economy , which can sess with market forces of the EU They must also demonstrate the mightiness to meet the obligations of mem bership , including c atomic number 18 to the aims of political , economic , and pecuniary union (BBC NEWS 15 April 2004 .

From initial six countries , EU is now composed of twenty dollar bill septenary countries and the ten members who joined EU May 1 , 2004 are , Cyprus- commonwealth 0 .79 million , Czech Republic- universe of communion 10 million , Estonia- tribe 1 .3 million , Hungary- cosmos 9 .9 million , Latvia- community 2 .2 million , Lithuania- tribe 3 .6 million , Malta- population 0 .4 million , Poland- population 38 .5 million , Slovakia- population 5 .4 million and Slovenia-population 2 million (Internet World Stats 2008 . Prior to 1980s the econo! mies of these countries belonged to what was referred to a centrally run planned economies as opposed to these in occidental Europe that were referred...If you want to get a full essay, rove it on our website: OrderCustomPaper.com

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