One never knows how things will develop, says James Roaf, Senior Regional Resident Representative of IMF, discussing changes on the CEE geopolitical scene with Why Emerging Europe, including Russia’s annexation of Crimea and CEE’s history of legacy risks. Roaf argues that it is imperative for countries of CEE to repair their fiscal policies through structural reform, dealing with high debt levels and controlling the exposure to unpredictable foreign investment in order to create a healthier business climate and better economy.
To EU or not to EU: A possible turbulence in the CEE region
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