Economic Effects in Bulgaria within Integration in European Union

Abstract

Basis for the future unification of Europe was laid on 9th of May 1950 by French Minister of Foreign Affairs Robert Schuman and economist Jean Monnet. They developed a plan of the European Coal and Steel Community, known as the Schuman Plan or Plan ECSC Treaty. This proposal was unanimously welcomed by six countries, France, Germany, Italy, and BENELUX countries (Netherlands, Belgium and Luxembourg). These countries, were founding members of the European Coal and Steel Community, which later on preceded to the European Economic Community (EEC) and the European Union after that. One of the most important products of the integration processes is a common internal European Union market. Towards the creation were concluded agreements, treaties and pacts and such developed through debates and economic integration to the form in which we know it nowadays. Not ideal and it is not in final form yet but its existence for us appears to be justified (Imeri and Bajusova, 2014). Methods The general and main objective of the paper is assessment of the level of development of Bulgaria within the European Union integration. The methodology in this paper does not use any structural model, but it uses available information, databases and publications to compare the stage of development of economic indicators such as Foreign Trade, Gross