Convergence or divergence in the expanded European Union?

Kalmárné Hollósi, Erika

Keywords: cohesion policy, Lisbon strategy, EU expansion

For the newly expanded European Union of 25 member States, bridging the gap for underdeveloped regions and economic and social cohesion, presents a new challenge. The favourable growth processes characteristic of the new member States can contribute to realising economic and social cohesion; however, continuous, measured economic growth must be sustained in order to bridge the gaps.

Together with job creation, transport infrastructure and support for environmental investments play a prominent role in Hungary; the latter goals making a direct contribution to job creation.According to the Commission’s report, Hungary’s development decisions are made based on the availability of grants, rather than seeking grant funding for development requirements. The projects financed by the EU can be evaluated from an economic viewpoint, but their social utility is often difficult to determine. Projects that have social implications must not be allowed to become an end in themselves.

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