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| Eastern Europe is growing faster than the eurozone |
| Viena, 04.05.2026 |
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| The economy in Eastern Europe remains resilient despite the energy crisis caused by the war in Iran. EU member states in the region are likely to grow by 2.3% this year, significantly higher than the eurozone average (0.9%). This was announced by the Vienna Institute for International Economic Studies (wiiw), which published its spring forecast this week. TASR reports on this based on a report by the APA agency.
However, the model of Central and Eastern European countries as advantageous production locations for Western industrial concerns is coming under pressure, the institute warned. The reason is declining competitiveness caused by significantly increased labor costs, which are not compensated by corresponding productivity growth. In addition, foreign direct investment is falling, while competition from China is growing. This structural change is leading to a historic shift - for the first time since the early 1990s, rising defense spending is contributing as strongly or even more strongly to regional economic growth than foreign direct investment, wiiw noted. odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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