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Enlargement of the European Union

In: European Banking

Author

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  • Özlem Olgu

    (Koç University)

Abstract

The enlargement of the EU and the EMU were the next most important steps towards deepening European financial, political and economic integration. Conflicting arguments for earlier or later EMU enlargement can be attributed to divergent perspectives, perceptions and interests of different actors within old (EU-15) and new members (NMS) of the EU. The focus of this chapter is on the historical enlargement process since 2004, which saw the number of countries increase from 15 to 27, and on the progress of potential EU member countries.

Suggested Citation

  • Özlem Olgu, 2011. "Enlargement of the European Union," Palgrave Macmillan Studies in Banking and Financial Institutions, in: European Banking, chapter 3, pages 23-38, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-30591-5_3
    DOI: 10.1057/9780230305915_3
    as

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