🌍 Europe 5d ago · Emerging Europe Insight

Paper walls

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Paper walls
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Tariffs in the Western Balkans are low; the cost of everything else that happens at the border is not.



When the World Bank published its spring Regular Economic Report on the Western Balkans in April, the mood was gloomy. The bank cut its 2026 growth forecast for the region’s six economies (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia) from 3.1 per cent to 2.8 per cent, citing the conflict in the Middle East, persistent inflation and a generally uncertain o

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