World Bank: EU Should Help Eastern Europe

Robert Zoellick, World Bank president, calls in the Financial Times for a European Union-led co-ordinated global support for the economies of central and eastern Europe. He says, quite strongly: “It’s 20 years after Europe was united in 1989 – what a tragedy if you allow Europe to split again.”

In response Joaquín Almunia, EU monetary affairs commissioner, said the Commission felt it would be inappropriate to devise one solution for the region’s problems because the countries fell into different categories, with some being EU members and some not.

This is still not very discriminating, since there is no coordinated EU approach for helping new Member States in CEE, ether.

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