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Glimmers of hope in the Balkans | Comment


NIKOS KONSTANDARAS

4-5 minutes

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In a recent report for the European Bank of Reconstruction and Development, 
economist Jens Bastian noted how an 'anchor investment' like Cosco’s in Piraeus 
creates a spillover effect – from further Chinese investments in local 
companies to rail links in Central Europe. 

What with the general insecurity in the broader region, it has almost gone 
unnoticed that there just might be cause for hope in our neighborhood. Perhaps 
it is because the shock of a mass influx of refugees and migrants tested 
relations between countries but also prompted closer cooperation; perhaps the 
change of climate stems from the change of government in Skopje; perhaps it is 
simply time for Southeastern Europe to find a way out of chronic inertia, as 
its countries display anemic growth; perhaps China’s dynamic entry is getting 
things moving. What matters is that various forms of cooperation are developing 
in a region distinguished by tension and conflict.

Indicative of this is that Greece, Bulgaria and the Former Yugoslav Republic of 
Macedonia are working together to guard their borders, for the better 
management of refugees and migrants and for greater effectiveness against 
organized crime. The relationship is both bilateral and within framework of the 
European Union. The current quietness on Greece’s northern borders is, of 
course, the result of the EU-Turkey deal which saw migrant flows dry up (until 
they picked up again over the last few months, with 4,800 new arrivals in 
September). Also, the Frontex common border force and newly minted European 
coast guard, along with intense pressure from Brussels, resulted in greater 
cooperation. This is a priority for Bulgaria, which undertakes the EU’s 
revolving presidency on January 1 and is also a candidate for joining the 
Schengen Area of passport-free travel. For Skopje, cross-border police 
cooperation is part of a package of confidence-building measures being 
negotiated with Athens.

Greece supports Bulgaria’s and Romania’s efforts to join Schengen, despite the 
fact that it finds itself in an awkward situation with its partners within the 
zone, with Germany imposing strict controls on airline passengers traveling 
from Greece. It is encouraging, however, that the government whose leader 
famously declared that it would be no big deal if Greece were booted out of the 
Schengen area now appears to understand its value and willing to fight to 
remain within it.
On the economic front, China’s dynamic entry into the region, which began with 
shipping company Cosco’s investment in the port of Piraeus, has had a broad 
impact. As part of its “One Belt, One Road” initiative, Beijing is working on 
major infrastructure and logistics projects, as well as having Chinese state 
banks offer low-interest loans to businesses. In a recent report for the 
European Bank of Reconstruction and Development, economist Jens Bastian noted 
how an “anchor investment” like Cosco’s in Piraeus creates a spillover effect – 
from further Chinese investments in local companies to rail links in Central 
Europe. Such thinking is contagious: In September Greece and Bulgaria signed a 
memorandum of cooperation for rail links between the ports of Thessaloniki, 
Kavala and Alexandroupoli and the Black Sea and the Danube.

The change of government in Skopje seems to be leading to warmer relations with 
the Former Yugoslav Republic of Macedonia’s neighbors, including Greece. United 
Nations-mediated negotiations on the name issue in Brussels on December 11-12, 
along with a visit by the country’s deputy prime minister, might lead to some 
progress. Skopje is aware that its hopes for joining NATO and for starting 
accession talks with the EU pass through Athens.

The Balkans are, of course, synonymous with nationalist passions, endless 
historical conflicts and dashed hopes. Without being led astray by excessive 
expectations, though, it would be useful to note positive signals and encourage 
any moves toward cooperation between neighbors, for their common security and 
development.

 

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