The Warsaw Institute Review Issue 1/2021

Page 58

Central Europe

Central Europe in 2021: The 30th Anniversary of the Visegrad Group. The Year of Opportunities and Challenges Piotr Bajda, Professor

At first glance, the year 2021 may seem very promising for Central European countries, many of which came through the COVID-19 pandemic with fewer losses than most Western European states – especially taking into account their unemployment rate or GDP decline. What is more, the previous year ended with a relatively strong signal of the further development of the Three Seas Initiative (a project of twelve Central European countries located along the Baltic Sea, the Adriatic Sea, and the Black Sea), strengthening its intergovernmental and executive qualities. On top of that, the new members' contributions in the region enlarged the Three Seas Initiative Investment Fund (TSIIF), and the US announced its first financial input. 58

The Warsaw Institute Review


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.