While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment.
The economies of Central and Eastern Europe (CEE), which experienced a period of stagnation last year, are poised for a modest revival in 2024, but both the Russian and Turkish economies are already overheating.
Russian forces must only make an offensive push for 250km to cut the Baltic states from Europe.
Hungarian PM Viktor Orban’s close ties with leaders of Serbia and Bosnia’s Republika Srpska have encouraged nationalism and authoritarian tendencies with negative consequences for stability, says paper published by EPC.
With important local elections coming up in April and to the European Parliament in June, the party faces one of its most serious crises.
Candidate states for EU accession such as Ukraine, Moldova and Georgia remain in a zone of insecurity where Russia can intervene minimally in a hybrid way.
BMI analysts say Hungary, Ireland and Slovakia to be worst affected, but no major impact on GDP unless Middle East conflict persists.