POLITICAL AND ECONOMIC CONSEQUENCES OF CROATIA’S EU INTEGRATION

Abstract

Regional economic cooperation is of great importance. For these countries, rapid economic development is a major concern on the path to EU integration. Economic development without cooperation is unthinkable. There are many issues in such areas as trade, energy security, transport issues and other. Because the economies of countries are fragmented regional cooperation is necessary to eliminate these problems. We have to define the strategy of European Union with Serbia and Croatia. For the EU, regional cooperation with the Western Balkans, including Serbia and Croatia, as well as its deepening, especially between the countries of the Western Balkans, is a top priority, since such cooperation is a key factor in political stability, economic development and security. In our opinion economical indicators give us some idea of the development dynamics of these two countries. Despite cultural, political and historical differences, Serbia will also be able to take an interest in deepening economic, cultural and political co-operation with the EU, including Croatia