The Western Balkans in transition

This is the fourth issue of 'The Western Balkans in Transition', which was prepared by staff within the Unit 'Economic affairs of candidate countries and Western Balkans. Economic policy related to enlargement' in the European Commission's Directorate-General for Economic and Financial Affairs. The main purpose of this publication is to give an overview of recent macroeconomic and structural developments for the countries of the Western Balkan region. The structure of this issue is as follows: 1. A broad overview of macroeconomic trends in the region and EU relations. 2. A section on the financial sector in the Western Balkans; 3. A section on macroeconomic developments, structural reforms and international relations for each of the Western Balkan countries. Note, this fourth report does not include Croatia as this is now formally a candidate country.