A. POLEMITIS & SON LTD

THE LEADING PROVIDERS IN AUTO SPARE PARTS IN CYPRUS

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 Cyprus Joined the E.U . . .

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CYPRUS JOINED THE E.U

 

In 2004 Cyprus joined the E.U.This is regarded a a significant achievement, since the boundaries of Cyprus's economy have now expanded enormously. Due to its location Cyprus is a vital link between the E.U, Middle East and Africa.

The countries that joined on 1 May are: Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia.

The EU's membership list jumped from 15 countries to 25. Its surface area increased by a quarter, and its population by one fifth, to 450 million.

It is now the world's biggest single market, in population terms, though the North American Free Trade Agreement remains larger in terms of economic might.

 


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