EU Success Story and Strengths

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General Advantages

Membership in a community of stability, democracy, security and prosperity

Stimulus to GDP growth, more jobs, higher wages and pensions

Free movement of labor, goods, services and capital

Free access to 450 million consumers.

Macroeconomic Impacts

Growing inflow of FDI due to increased business confidence

Reduced risks, more mobile workforce

A regional hub and gateway: access to East Europe and the Balkans

Efficient transport through the major Helsinki corridors

Stronger competition and a drive for innovation

Easier access to financial institutions and funds within the enlarged European Union

Benefits for companies

Increased access to EU funds and support for SMEs

Transparency of taxation and business accounting rules

No customs or quantitative restrictions within the EU

Simplified administrative procedure when trading with other EU member states

Easy access to a market of 450 million consumers for non-European companies settled in Hungary.

Reduction of non-tariff trade barriers

Rigorous enforcement of competition policy and intellectual property rights.

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