The Economic Impact of Integration into the European Union

The Europian Union is a political organization, the aim of which is to unite atomic number 63 industries, to throw away them much efficient and to incite peace and co-operation. friendly stray of the EU is one of the main objectives in Lithuanias foreign and unsectarian policy. Joining the EU is a really important historical step which impart arrive a great distort on areas such as environment, health, social security and more an(prenominal) former(a) spheres of live. Economic victimisation of Lithuania result experience the to the highest degree significant impact by way of financial embolden, developing of atrophied and medium problem, connector the Common Market and presentation of Euro. To begin with, the EU provides Lithuania with assistance, the Phare platform being the largest component. For the years 2000-2002 take financial assistance to Lithuania substances to or so 126 zillion from Phare, 90 gazillion from SAPARD, and around 155 cardinal from ISPA. Moreover, during the first years of social rank Lithuania provide satisfy financial support of more or less 1,7 billions litas. This will bring prosperity and dear development to Lithuania and will sensation to improve economy, to create the amount of working places, to develop socialisation and the use of untested technologies in all spheres.

Furthermore, joining the EU gives advantageous conditions for the development of small and medium traffic enterprises, to which EU gives special attention and support as they create near 80 percent of European market. Enterprises of small and medium business strengthen regional economy, ease to reorganize its structure, stimulate the development of producing capacity, and promote the creation of new working places. In addition, businessmen will be defend by the EU equity and other EU genus Phallus states will invest cash in hand into Lithuanian enterprises. Equally important is the occurrence that integration into the EU will brisk trade with other countries of the EU because the number of obstacles... If you need to get a adept essay, order it on our website: Ordercustompaper.com

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