This chapter analyses trade-offs or complementarities in the relationship between the EU’s three main economic objectives: growth, stability, and cohesion. It examines how trade-offs and complementarities can be improved for higher sustained growth in a macroeconomically stable and cohesive enlarged union. Despite the significant progress made towards economic and monetary integration, the EU economic system was unable to achieve satisfactory growth performance. However, a high degree of cohesion has been maintained and high macroeconomic stability achieved.
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