Eastern Europe continues economic growth: West lags behind

Eastern Europe continues economic growth: West lags behind

Exactly 20 years after the EU's eastern expansion, the Central and Eastern European members are vigorously continuing their economic catch-up process. While many countries in this region are recording a positive trend, more western EU countries such as Austria and Germany are still struggling with a slow economic recovery after a recessionary phase last year. According to Richard Grieveson, deputy director of the Vienna Institute for International Economic Studies (WIIW), the situation in Central and Eastern European countries is significantly better than in the more western EU countries.

The economic development of the region shows clear progress, which can also be linked to the EU's eastward expansion 20 years ago. Although there has been economic success, a political flaw remains. The differences in economic performance within the EU make it clear that integration and cooperation between the various member states continue to pose challenges.

Despite the economic gains, the political dimension of the EU's eastward expansion remains a controversial issue. While some countries are reaping the benefits of expanded economic cooperation, political differences and tensions remain present. The discussion about the influence and impact of the EU's eastward enlargement on Europe's political landscape will continue to be important to ensure sustainable and effective cooperation in the EU.

Overall, the economic development of the Central and Eastern European countries reflects a certain stability and progressiveness after 20 years of EU eastern expansion. While more eastern EU members continue to catch up, more western countries must overcome their economic challenges. The balance between economic success and political stability remains a central question that will significantly influence the future of the EU's eastern expansion and its member states.