Euro Accelerates the Long-Overdue Economic Integration of the CEE

Three Seas Initiative countries need coherent economic policy

14 January 2022

The decade long mistake holding the Three Seas back.

It is time for all 12 members of the Three Seas Initiative (3SI) to become part of the eurozone. As a common currency will accelerate the long-overdue economic integration between the Baltic, Black and Adriatic Seas. 

Historically, Poland should be much richer than all of them due to their large industrial base, natural resources and market size. It is the historic mistake made a decade ago not to join the eurozone that has kept Poland back.

Editor’s Pick: Why Poland Should Adopt the Euro

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Gunther Fehlinger

Gunther Fehlinger is an Austrian economist as well as a management and development consultant. Former Secretary-General of SME Union of EPP. Since 2005 Gunther is focused on the economic reform and SME policy in the European transition countries mainly Kosovo, Albania and Ukraine. He serves as a board member of Action Group for Regional Economic Integration (AGREI) of Southern Balkans, as well as coordinates a network for tax reformers called Europeans for Tax Reform. He coordinates Austrian Yes to Ukraine in EU activities and supports the EU Accession Trio concept in Austria. He also publishes a Podcast on the European Union called Pax Europeana.

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