Erik Berglöf - Crisis in Eastern Europe: The People's Perspective (2/4)

The video discusses the Eurozone crisis and its global repercussions, highlighting political changes and economic impacts. It examines how the crisis is transmitted through various indicators and the dependence of countries on the Eurozone due to foreign investments. Despite current challenges, many countries still aspire to join the Eurozone for economic stability and modernization. The video contrasts the situations in Poland, which is thriving, with Southeast Europe and Ukraine, which face significant challenges and have little hope of joining the EU soon.

In what ways are transition economies dependent on the eurozone?

What challenges do countries like Ukraine face in their aspirations to join the European Union?