Baltic Sea Region is Europe's new economic motor

This was one of the optimistic messages that Deputy Prime Minister of Estonia Mart Laar made during a seminar 24 August in Copenhagen celebrating the 20 years anniversary the three Baltic States’ regaining of independence. We have come far but we need to keep up ambitions for the future was another message. Mart Laar’s remarks tie well in the title of the BDF Summit 24-26 October in Gdansk held together with the 2nd Annual Forum of the EU strategy: New Ambitions for the Baltic Sea Region.

Mr. Laar was not referring to the size of the motor but more of its ability to reform and adjust to challenges ahead and to produce new economic speed. The Baltic Sea Region countries are the best performing in the EU, which is struggling with the debt crisis and the growth crisis of especially Southern Europe.

Prime Minister Tusk made a similar point, speaking at the LATO security conference 16 September in Riga: The Baltic countries are an elite club of fighters against the recession, thereby showing admiration of the results and giving a last minutes boost to Prime Minister Dombrovskis who saw a difficult election result later the same weekend. Tusk reminded the audience that Poland was the only country in Europe that has not experienced recession the last 2-3 years.

As regards the economic picture of the Baltic Sea Region and the “fighting” abilities BDF’s State of the Region report will be published 25 October in Gdansk. What can we expect? See interview with the Author Christian Ketels below. No doubts there are many good reasons to come to Gdansk, Poland. Remember to sign up!

(Hans Brask, Director, Baltic Development Forum)