Building a new economic region in Europe
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The economy is currently changing faster around the globe than ever before. The globalisation of the markets and changes in global trade routes require us to reorient ourselves in order to benefit from these developments. That is why we need bigger and more specialised networks in Europe to compete with other large economic regions in the world. And we need new cooperations, alliances, and creativity in order to make this work.
The economic region between Scandinavia and the Adriatic has the potential to become one of the most competitive regions in the world. The large east-west European axes and the shortest route from the Baltic Sea to Mediterranean all pass through this region.
The North-South Initiative identifies and consolidates the economic interests along the dense chain of metropolitan regions reaching from Scandinavia through the new German states and Bavaria all the way down to the Adriatic. With improved infrastructure, the economic centres along this corridor can be brought closer together in the future. New potential for growth in this new European economic region can be used for the benefit of those in the subregions who were not previously able to reach a critical mass.