Eva Maydell: The Western Balkans Possess an Undeveloped Potential in a Market with 18 million Consumers

“The investments in the Western Balkans are investments for Bulgaria. A larger connectivity in business and infrastructure will make easier the movement of people, goods and money - it will be similar to what we have in EU.

At this moment the Western Balkans are a market with 18 million consumers whose potential is not developed.

With its purposeful policy and messages, Bulgaria and the Bulgarian Presidency managed to put the talks on the prospect of the Western Balkans among the top priorities of the EU, which is а strategic political victory.” - said the Bulgarian MEP from GERB / EPA Eva Maydell during the forum called “EU and the Western Balkans - Towards Effective Investments” that was held on Monday, April 23, 2018, in the EU Parliament.

The event gathered the opinions of experts from European Commission, EU Parliament, the European Investment Bank, the European Bank for Reconstruction and Development, financial and banking institutions, representatives of the Chambers of Commerce from Western Balkan countries, as well as representatives of embassies from countries in the region. Special guests were Minister Liliana Pavlova, David Mueller, Advisor to the Cabinet of EU Commissioner for Neighborhood Policy Johannes Hahn and Zoran Petrovic, Chief Executive director of Raiffeisenbank Serbia.

During the discussion, the main directions for investments were identified and their focus was defined in order for them to have the greatest impact on the well-being of citizens, both of Bulgaria and the EU, as well as of the Western Balkan countries.

In addition, Minister Liliana Pavlova pointed out that a serious progress has been made in these policies, but additional efforts are needed to improve the competitiveness of the economies of the six countries, for overcoming high unemployment, for creating opportunities for businesses, for improving the climate for business and investments.

It was said that effective structural investment in digital area, energy, transport and education sectors will be an important instrument for achieving an advancement into the negotiations for joining the EU.

"During the meeting on May 17, the leaders of the EU and the countries from the Western Balkans will have the historical opportunity to mark the beginning of a new stage of the relations between the EU and the region. This will happen also because of the engagement of Bulgaria with the topic.” commented the Bulgarian MEP Eva Maydell.

Bilyana Ninova

Bilyana Ninova is a Marketing specialist, content creator and hobby photographer.

Comments (0)

Like Our Page on Facebook

Like our page to make sure you see all of our NEW articles!

Click to

Sign Up For Our Newsletter

Subscribe and stay informed about all important events!