Freeway - Victor Georgiev No4 XI class

Victor Georgiev No4 XI class

The concept of United Europe can be considered first and foremost from the economic perspective, because this unification was founded for the financial benefits of its members.
Nowadays the countries outside the big "European Family" increasingly awaken to the positive effects of the EU.

Generally speaking they are:

Static effect of the Integration - it is connected with prices, export/import, manufacturing, consumption, income. There are also other positive and negative elements but the integration in the EU leads to more benefits, especially in the long run.
Dynamic effect - it is connected with fundamental structural changes in national economic structures and increase of economic efficiency. Territorial location of resources is stimulated - the profits and income increase.
Trade effect - improvement of manufacturing quality and standards.
Reorientation of trade and commodity circulation ® expenditures decrease.
Consumption Replacement - the substitution of consumption of one commodity with another, caused by price changes.

Customs and local taxes can also be considered as a consequence of EU integration: the tendency of decreasing customs protectionism (custom tariffs hardly range for different local taxes - sea taxes, transit taxes).
The EU integration will standardise papers for inter/multinational business. Currency restrictions will drop off, especially for countries using the Euro as their national currency. Technical restrictions, sanitary, plant sanitary and veterinary requirements, requirements for commodity labelling and packing, requirements for standardization and ecology requirements will also be standardised.
The things I mentioned so far will lead to the synchronised functioning of economic systems, which will accumulate higher profits and will increase wages. This fact is dominant for the trend of Eastern European countries towards joining the EU. However, the EU places some very hard to meet requirements and restrictions for the candidates. Some of them aim at making the candidate country dependant on EU's internal economy, which makes countries like Germany and France dominant factors. An example for this is the requirement that Bulgaria has to shut down the nuclear powerplant in Kozloduy. At present Bulgaria provides electricity for half of Eastern Europe and thanks to the National Electricity Company generates a small annual budget surplus. Without nuclear energy the country will be forced to import electricity from Austria, Germany or France in order to satisfy its own needs. Candidates will also have to equalise their legislations to the EU legislation in order to avoid possible legislation conflicts that may appear otherwise.
In addition I believe that EU Integration is "a must" for Eastern European countries in order to stabilise and restore the previous good results of their economics.