Prospects 2021
Europe
![European Council President Charles Michel (top) arrives for video conference of EU leaders seeking solutions to Polish-Hungarian veto on budget and pandemic recovery package, Brussels, November 19 (Olivier Matthys/AP/Shutterstock) European Council President Charles Michel (top) arrives for video conference of EU leaders seeking solutions to Polish-Hungarian veto on budget and pandemic recovery package, Brussels, November 19 (Olivier Matthys/AP/Shutterstock)](https://g.oxan.com/analysis/DB257721/2020-11-23-6-EASTERNEU_350.jpg)
Eastern EU
Heightened tensions between Brussels and some CEE governments over rule of law and human rights will continue in 2021
![A collection of one and two Euro coins, ten and fifty Euro banknotes and ten cents (Dinendra Haria/SOPA Images/Shutterstock) A collection of one and two Euro coins, ten and fifty Euro banknotes and ten cents (Dinendra Haria/SOPA Images/Shutterstock)](https://g.oxan.com/analysis/DB257806/2020-11-26-4-EURO_350.jpg)
Euro-area
The disruption of COVID-19 and the weakness of some key economies will ensure there will be no V-shaped recovery
Western EU
Next year German Chancellor Angela Merkel will step down and the United Kingdom will stop abiding by EU rules