Conclusions: The Constitutionalization of the European Union and the Future of Cohesion Policy
The composition and structure of the European Union continues to evolve. As discussed in the previous chapter, the borders of the EU have expanded toward the east and south. Ten new member states entered the EU on 1 May 2004, and negotiations are continuing with two candidate states (Bulgaria and Romania) for possible entry within three years. Turkey, the quasi-European state, will start negotiations at the beginning of 2005. One of the most compelling questions concerning the overall composition of the EU is tied to what will happen to the Balkan states (Croatia, Serbia, Montenegro, Albania and Macedonia). Eventual membership on the part of the five Balkan states depends to a great extent on their ability to manage their internal ethnic conflicts and substitute them with democratic procedures capable of building social cohesion and promoting cooperation among the constituent religious and ethnic groups.
KeywordsMember State Monetary Policy Policy Area European Convention Single Currency
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