EU20: NBS Analysts Find Economic Benefits of EU Membership Considerable

Bratislava, April 28 (TASR) - Economic benefits of the EU membership are considerable for Slovakia, as the EU integration yields an additional wealth of €4,000 per an average citizen and about €16,000 per a four-member household over the span of five years, but one-third of this contribution to wealth depends on the efficiency of how the available resources are put to use in the economy, analysts of the Slovak Central Bank (NBS) stated in their study dedicated to the upcoming 20th anniversary of Slovakia's membership in the EU. Slovakia joined the EU on May 1, 2004. "The European Union is a fascinating project, I'm absolutely convinced of that. It was an honour for me to be involved a bit in it. More specifically, I was involved in our joining of the eurozone, which couldn't have happened without our accession to the EU. The euro and EU are not perfect, but what makes them so alluring is that we can all participate in making them better," NBS Governor Peter Kazimir told TASR. mf