There is no denying that gaining membership in the EU is a complicated process. An EU membership ensures stability in the concerned countries by promoting democracy and economic development.
As more and more members build ties with the EU, it opens promising platforms that boost the political, economic, and security interests of the EU, both internally and globally.
A prime factor that has led to the expansion of the EU is that relatively more minor European countries feel that their interests are better served if they are part of the Union. An EU membership also provides the resources to modernize their economies and gain access to a large market for trade.
The EU funds play a vital monetary source for the prospective members to access payments to support their development.
The EU has always been a stabilizing force in Europe. It has been instrumental in supporting countries like Greece, Spain, and Portugal in their transition from the clutches of dictatorship to the hands of democracy.
The EU has currently focused its energy on the western Balkan regions, including Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. It is hoped that EU membership will serve as an incentive to stabilize the region.
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