not economic necessity have dictated the consolidation in the EU during the 90s. …

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms … of real income, but also in nominal terms, is of paramount importance for the whole of the EU. We build a dynamic CGE … indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and …

maximize their shares from the EU budget, whereas European Parliament (EP) uses its power to support benevolent objectives and … equality between member states. Given the current decision procedures of the EU, EP has effective power on non … politics based model. -- European integration ; EU budget ; voting power …