How does the size of the economies of the 12 newest Member States compare with the size of the euro area?
In 2005, the nominal GDP of the newest Member States (adjusted to include Bulgaria and Romania) was €654 billion, or around 8% of the euro area’s GDP of €7,974 billion. In that same year, this group of countries had a total population of 104 million, or around one-third of the euro area’s population of 313 million.
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- How does the size of the economies of the 12 newest Member States compare with the size of the euro area?
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