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| South Eastern Europe & Black Sea Region Countries | ||||||||||||||||||||||||||||||||||||||||||||||||
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Alpha
Bank, South Eastern Europe Monthly Economic Update |
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| South East Europe & Black Sea Region Countries | ||||||||||||||||||||||||||||||||||||||||||||||||
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The countries of South Eastern Europe or the Balkan peninsula, represent a population of more than 66 million people with a GDP exceeding $530.0 billion USD. They represent economies in transition to market based economies which by the end of this decade are expected to become part of the European Union. These "converging" economies represent an excellent trade and investment opportunity similar to Western Europe right after World War II. When we include Turkey, Russia and the other countries of the Black Sea region, we are looking at an economic area covering nearly 20,000 square kilometers, 325 million people and a GDP exceeding $2.5 trillion USD. This region is going to become the economically most rapidly developing part of the world economy after South East Asia! Straddling Europe and Asia, with centuries-old cultures and civilizations, rich in resources and with a western orientation and virgin markets, the South Eastern European and Black Sea region is ready to take-off. Explore these pages and see for yourself. |
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| Economic Profile of South East Europe & Black Sea Region | ||||||||||||||||||||||||||||||||||||||||||||||||
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