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Water is one of the basic necessities of life. However, water crises have become more frequent around the world as billions of people continue to suffer from a lack of access to clean water, sanitation and hygiene. Water is a limited resource that has been in growing demand - with the world's population increasing and water-intensive economic development continuing, infrastructure of many countries is not fit to meet accelerating demand. With climate change and its variability fluctuations in rainfall and extreme ...

When considering the (sub)region of Central and Eastern Europe (CEE) and its position in the global economy in relative terms represented by trade openness, the European Union (EU) members from the CEE (sub)region tend to match or even exceed the EU average and EU membership underlines their potential. Recently, environmental concerns have become prominent in international trade and in the framework of its external relations the EU seeks to boost its ambition of a global player. Our paper is oriented on the econom...