Commentary
Economy & Tech
Euro Accelerates the Long-Overdue Economic Integration of the CEE
14 January 2022
When it comes to the future of Europe, there are scenarios that Brussels has not been brave enough to develop and yet they are taking place today in the Eastern neighbourhood. Looking at Belarus, it is now clear that the EU needs to consider urgently new potentialities and possible contingencies that go beyond its baseline scenario for the Eastern Partnership.
The new proposal for financial assistance and trade support to Belarus should be understood as an investment to safeguard part of the broader EU neighbourhood from negative scenarios for the whole of Europe.
Belarus as a nation with a strong desire to reclaim agency from the usurper is a good case in point. Recent developments and converging social, political and economic trends offer a rare window of opportunity for the EU to advance its core peace project on the continent and strengthen the Eastern Partnership framework.
Until a free and internationally recognised election is held and basic rule of law reforms are introduced in Belarus, the proposal for assistance is merely a promise to a nation that wants to break free of past dependency.
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