The aim of this contribution is a comparative analysis of the challenges Poland and Greece (and more broadly - CEE-10 and GIPS countries) had to face in the past as latecomers to the European Union and are facing now, in the aftermath of the world financial and economic crisis of 2008-09.

The United Kingdom's relationship with the European Community has been a rather strained and inconsistent one ever since the latter's initial conception and birth against the backdrop of the World War II. Nevertheless, starting out as risky political bet by former Prime Minister David Cameron,...