The Economy of Greater Europe: from Squabbling to a New Balance?

... after joining the CU to 2010, Turkey's trade deficit with the EU countries doubled , and grew six times with partners outside the EU. In order to cover the gap, Turkey needs direct investment but its current investment climate is not adequate for its economy and only negatively affects the national currency. The CEFTA is a key link in the expansion of the common normative base aimed at guaranteeing that the Balkan states will go ahead with reforms related to the movement of goods and services. Notably, the logic of extending European trade norms and rules forms ...