Professor Gros-Pietro:”Western Balkans to have higher economic growth than Western Europe”

Professor Gian Maria Gros-Pietro, Chairman of the Board of Directors of Intesa Sanpaolo, expects a stronger economic recovery this year and in 2024, despite short-term uncertainties, and predicts that the Western Balkans’ economic growth will surpass the growth in Western European countries, as well as that the progress of the Western Balkan countries towards the EU membership will boost their credit profiles through the building up of institutions, competitiveness, infrastructure and FDI influx.

During his visit to Belgrade, where he is participating in the Serbia-Italy Forum, Professor Gros-Pietro gave the presentation titled “Economic Potential of the Western Balkan” at the Faculty of Economics.

At the presentation, which was organized for clients and business partners of Banca Intesa, and which was attended by professors and students of the Faculty of Economics, as well as media representatives, the professor presented his views on the current situation in the global and European banking market, as well as the economic perspectives of the Western Balkan countries, with reference to the importance of further developing the region and its potential for investment and bilateral partnerships.

When it comes to the banking sector of the region, the professor expects that, despite the current increases in interest rates throughout the Western Balkans to curb inflation, the loan and deposit mass will continue to grow, albeit at a slower pace, with preserved portfolio quality and a low level of non-performing loans.

(Biznis.rs, 22.03.2023)

https://biznis.rs/novac/zapadni-balkan-ce-nadmasiti-zapadnu-evropu-po-ekonomskom-rastu/

This post is also available in: Italiano

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