The IIF was delighted to partner with Erste Group for the 2023 IIF Central & Eastern Europe (CEE) Economic Forum: Quo Vadis CEE? - Positioning Europe’s Growth Region in an Era of Uncertainty, Realignment and Transformation, which took place at the Erste Campus in Vienna, Austria. The event kicked-off on Tuesday, February 14 with a welcome reception and light dinner, followed by the main event on Wednesday, February 15.
The global economy has experienced extreme volatility since 2019, with the ongoing recovery from the COVID-19 shock now overshadowed by the war in Ukraine. Supply shortages and other factors have driven up prices of important commodities, including energy sources and food. While this may speed up the transition to renewables in the mid-run, short-term challenges are increasingly dominated by a darkening macroeconomic picture. In addition, we have faced major challenges on the political front, where ongoing shifts in the global balance of power are reshaping long-standing relations between countries and regions. Owed to its geographic location as well as historical and economic ties to countries of the former Soviet Union, the CEE region is at the center of these developments. During the event we aimed to develop a deeper understanding of CEE’s perspectives in the light of these various trends and how the region should position itself.
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