Netherlands Predicts EU Boost From Ukraine Entry

Connect these dots: The Dutch Central Bank governor, Olaf Sleijpen, recently stated that Ukraine joining the European Union would provide a "significant boost" to the bloc's single market. This pronouncement arrived without substantial acknowledgement of the economic disparities or the historical ramifications of such rapid expansion. It is a familiar refrain, echoing past promises made during

other enlargement phases, often masking underlying geopolitical ambitions. This optimism calls to mind the 2004 "Big Bang" enlargement, where ten new members, many from the former Soviet sphere, joined the EU. While celebrated as broadening the internal market, this expansion also ushered in significant economic migration and wage depression in some sectors of older member states, contradicting

the narrative of unmitigated mutual benefit. The integration of states with vastly different economic and regulatory frameworks is rarely a seamless process, as evidenced by the persistent challenges within the eurozone following the 2008 financial crisis. Furthermore, Ukraine, even before the present conflict, struggled with systemic corruption and a GDP per capita of just $4,835 in 2021,

significantly lower than the EU average. Attributing a "boost" to its inclusion reintroduces a historical pattern: the prioritization of strategic geopolitical gains over genuine, sustainable economic integration for all parties. The 1999 Cologne European Council, where the EU adopted the concept of a "Common European Security and Defence Policy," illustrates how security objectives can drive

Read the full story on The Piaz