Southeast Europe Today. Immediate Development Prospects

... significant effect on the economic situation in the country. The increased debt of the countries in the region to Chinese lenders may be a cause for concern. Nevertheless, it is too early to talk about the total economic subjugation of the Balkans: the European Union remains Southeast Europe’s largest donor, as well as its most significant investment and trade partner. Serbia is also living up to its predicted central role in the region’s international economic contacts. The increasing role of the Eurasian Economic Union (EAEU) in the Balkans is also noteworthy. The Free Trade Agreement signed by the EAEU and Serbia should both increase Serbian exports and provide potential EAEU investors with access to the region. The agreement makes it clear to the West, Turkey and China ...