Regional economies need up to six decades to catch up with average EU income, report shows

Tirana Times
By Tirana Times November 29, 2017 11:12

Regional economies need up to six decades to catch up with average EU income, report shows

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  • “It is important to note that at current growth rates, it would take about six decades for average per capita Western Balkan income to converge to the average for EU residents. With faster growth of 5 to 6 percent, convergence could be achieved in just two decades,” says the World Bank

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TIRANA, Nov. 29 – Catching up with the average EU income could take Albania and other EU aspirant Western Balkan economies about six decades unless current sluggish GDP growth doubles

Tirana Times
By Tirana Times November 29, 2017 11:12