The lower GDP per capita is, the better to join the EU – expert

The lower GDP per capita is, the better to join the EU – expert

Member States of the EU with the lowest income index receive the most funds from the central European budget

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The lower GDP per capita is, the better to join the EU – expert

What happened? Oleksii Moldovan, managing partner of the Center for Economic and Political Initiatives “Eurostrategy”, stated that it was better to join the EU when the GDP per capita was the lowest.

Source. He said this during the broadcast of Mind Talks.

Details. “This is the reason for receiving subsidies and assistance. Due to the fact that the state is at a rather low level in relation to the EU average. The state that has already joined, but is still at the stage of candidacy, receives huge subsidies for the so-called equalization of development,” the expert noted.

He cited the example of Poland, which received 10-12 billion annually. The country received most of these revenues under the pretext of its level of development being significantly lower than the general level of development of the EU.

“The key principle in the preparation of candidates for membership in the European Union is that a lot of resources, in particular financial, are being invested to bring the state to the middle European level of development. Therefore, those countries that join the EU with the lowest income per capita receive the most from the central European budget. At the same time, those who have a higher total income than the European average, give their funds to the countries with the lower one,” the Moldovan explained.

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