Lack of investment has slowed down the convergence in infrastructure quality towards the EU average and may constrain medium-term economic growth.
Chinese investments and policies along the “Balkan Silk Road” could undermine the political determination to make crucial reforms required for EU accession.
You have to look hard for a successful and enduring politico-economic alliance in the former Soviet space, but one cooperation—between Ankara, Tbilisi and Baku—is proving an exception to the rule, partly by not treading on Russia’s toes militarily.
The resilience of the Turkish growth story fascinates economists. Sceptics, however, warn it could still all end in tears if global debt becomes tighter and investors and lenders take a closer look at what is behind the economic stamina.
10 years after Kosovo's unilateral declaration of independence, patience is fraying as Europe’s youngest state continues to grapple for international acceptance while facing a host of domestic problems.