BALKANS

Autumn 2010

by Imre Tarafás

EU enlargement seems to be losing momentum, perhaps because the process has as its backdrop a deep and widespread recession affecting both member states and candidate countries. There is general agreement that western Balkan countries need a tangible European perspective for their own political and economic stability.

With its unique mandate for financing social projects, the Council of Europe Development Bank (CEB) pays particular attention to social cohesion as a necessary ingredient of progress, especially in the current crisis. CEB can help the Balkans region build up social infrastructure that already lags behind the rest of Europe and is now threatening to fall even further behind because of the crisis.

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