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Significance
Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled. However, CEE’s economic performance during that period has been mixed, and the region risks falling further behind western members.
Impacts
Public support for EU membership will remain strong across most of CEE but may decline further in Slovakia and Hungary.
Rule of law challenges in the region will persist, putting at risk the flow of EU funds that are key for regional development.
Ukrainian membership of the bloc would probably not lead to a change in CEE countries’ positions as net beneficiaries of EU funds.
Keywords:
EU,
EUR,
Balkans,
Cyprus,
Czech Republic,
Estonia,
Europe,
France,
Germany,
Hungary,
Latvia,
Lithuania,
Malta,
Poland,
Slovakia,
Slovenia,
Ukraine,
Eastern Europe,
economy,
industry,
international relations,
politics,
social,
foreign investment,
foreign trade,
growth,
investment,
regional,
agriculture,
automobile,
capital flows,
education,
employment,
finance,
judicial,
labour,
monetary,
protest,
wages,
Automobiles
© Oxford Analytica 2024. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2024
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