Western Balkans’ Economic Growth to Quicken This Year and Next but Reforms Crucial to Bolster Long-Term Prospects
VIENNA, April 11, 2024 — Economic growth in the Western Balkans is projected to rise in 2024, with further acceleration expected in 2025, bringing it back to pre-pandemic averages. To narrow the development gap with the European Union and improve living standards for its people, the region needs to continue implementing reforms. This includes increasing investments to make cities greener, allowing them to contribute more efficiently to overall economic development, says the World…
