Even though the new EU Member States of Central and Eastern Europe account for only some 6% of GDP within the EU, one cannot neglect their positive effects on the rest of the European Union. Central and Eastern Europe is the most dynamic region in the EU – both in terms of economic growth and in terms of reform speed.
During their catching-up-process, the new Member States will further gain in importance and may turn into a driving force of the European economy. As a result of the dismantling of trade barriers, trade links with the new EU Member States have gradually intensified.