The next decade will decide the fate of Central Europe: ESPON
23:03
Strategic geographic location, high rates of mobility and productivity, and the desire to achieve a standard of living as in the West – all this heralds rapid economic growth in Central European countries in the coming decades.
ESPON experts recall, however, that the CEE regions are very diverse, and the future of each of them will depend on the rapid implementation of specific development strategies.
"The area described is about 25 percent of the entire territory of the Union and is inhabited by roughly 1/3 of the Community's population (148 million inhabitants in 2019). Most countries in the region underwent a successful economic transformation in the 1990s and today offer high-quality products at competitive prices on the world market. Central Europe is the economic core of the EU, generating 30 percent of EU GDP,” a document prepared by ESPON analysts reads.
In their opinion, investments in the energy sector are essential for the economic development of entire Central Europe. Thanks to geographic conditions, this region of the continent has a chance to become the main producer of green energy and a kind of technological hub. The strategic location of our part of the continent should be used. It is a central communication hub in the heart of Europe – and therefore it is necessary to introduce intelligent transport solutions.
