Home > Term: two-speed Europe
two-speed Europe
A configuration of the European Union in which some of the countries integrate more fully than others. The adoption of the euro by only some of the countries that were then in the EU was the major example of a two-speed Europe. More commonly, the term now refers to changes that would involve some countries pursuing greater political integration.
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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Creator
- Noroc
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