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Yeah,
That could be. Maybe there has been some good (stability, security?) brought about by sharing wealth across Europe. Although I'm fairly sure the common man hasn't reaped the benefits and just the local fat cats have been cashing in.Anyways I wonder what will happen elsewhere in Europe. There has been a huge number of talented hard-working people working in the UK that might now migrate back home or to other countries. Eastern European countries seem to be booming and this might be the stimulus to really kick them off.
There's probably quite a few more less obvious tangible benefits. It's not a complete bureaucratic boondoggle.