EU Transfers Vital for Growth in CESEE Despite Ukraine Crisis Impact.
The article discusses how some countries in Central, Eastern, and Southeastern Europe are still growing despite economic challenges in the EU and the Ukraine crisis. Financial support from the EU has helped these countries grow, but the conflict in Ukraine has hurt economic growth in the region. Russia and Ukraine are facing economic difficulties due to the conflict. The global financial crisis has also impacted the region's banking sector, with many countries still struggling with high levels of bad loans.