Profiting from EU enlargement
Heather Grabbe weights up the risks of enlargement against the extra trade, investment and stability that enlargement will provide and argues that the price for the existing members will be small. By 2010, the European Union could cover another third of the map of Europe, with 25 members and nearly half a billion people. It will move from being a rich country club to a continental union. Taking in the ten central European candidates will be the Union's greatest contribution to the continent's stability.
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