The present study examines the economic development of the NUTS-2 level regions in the EU-27 from 1995 to 2003. It focuses on income and employment developments in the regions of the new EU Member States (NMS) and compares the results to the developments in the regions of Northern as well as...

Summary · Grouping the regions of the EU-15 and the new member states (NMS, including Bulgaria and Romania) into five clusters according to the relative importance of broad sectors of activity reveals marked differences in the regional economic structure and development. · In capital cities...

In their first year of EU membership, the new EU member states recorded higher GDP growth (5% on average) than in the previous year, largely thanks to expanding domestic demand - in particular of investment and of private consumption. In 2004 GDP growth accelerated also in Austria, in line with...