CESEE: „The Growth Model Was not Sustainable“

People ♦ Published: October 29, 2013; 05:56 ♦ (Vindobona)

Franz Seiringer, economist at EBRD, underlines that the CESEE countries are on the right track. The region is working on a new growth model, he told “Wirtschaftsblatt”.

CESEE: „The Growth Model Was not Sustainable“ / Picture: © Vindobona.org

Ten years after the EU accession of nine CESEE countries, the disparities between the Western EU members and their Eastern counterparts are far from being disappeared. Seiringer stresses that the CESEE region is no homogeneous region, however. “We have to learn to separate. There are countries which are closely linked to Northern Europe or Germany, like Poland. And there is…