Thursday, October 19, 2006

Fears of 'Two-Speed Europe' Still Exist / WJLA, 16 Oct 2006

http://www.wjla.com/news/stories/1006/369311.html
"Underscores a rekindled debate over a "two-speed Europe": the yawning gap between major EU powers such as Britain, France, Germany and Italy - the continent's undisputed political and economic engines - and the poor, ex-communist newcomer nations of Eastern Europe. The EU took in eight former Soviet-bloc countries, plus Malta and Cyprus, in May 2004. Bulgaria and Romania will join on Jan. 1, widening the bloc to 27 nations and 480 million citizens. Yet despite gaining access to millions in lucrative EU subsidies and the potential of billions more in increased foreign investment, the new states have not been granted all the privileges of their hard-won membership."