In Europe Estonia has been placed second in the 2017 Heritage Foundation's Index of Economic Freedom. Lithuania was 8th and Latvia came in at 11th. In the global ranking Estonia is the 6th.
The region of Southeast Europe (SEE) has vast technical renewable energy potential of 740 gigawatts (GW), according to the International Renewable Energy Agency (IRENA).
The current ‘polycrisis’ is a chance to overhaul the EU, said Guy Verhofstadt, but Euroscepticism widens in the Balkans due to the perceived absence of the European order in the region.
The countries of Central and Southeast Europe have stopped narrowing the gap even with sluggish Western Europe as a result of slower productivity growth and lower capital accumulation in the Western Europe.
The Republic of Moldova - a Wild West in crisis. The IMF suspended talks on a new loan programme in June, then the World Bank blocked its loan. To make things worse, in July the European Union froze approx. EUR 50 million in aid.
Moldova with its 3.6 million inhabitants is today one of Europe’s poorest countries and it will benefit a lot from the association agreement with the EU despite its peripheral location.