There was no financial system crisis

The massive growth of Poland’s financial market in the last two decades has catapulted it to the status of a capital market leader within the CEE region, and the Warsaw Stock Exchange (WSE) to that of CEE’s biggest stock market boss. According to Paweł Graniewski, Deputy CEO of Warsaw Stock Exchange, this transformation was not a miracle, but rather the result of hard work – the hard work of privatisation, to be exact.

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Visegrad countries – plenty to celebrate, yet more work ahead

The Visegrad countries (Czech Republic, Hungary, Poland and Slovakia) joined the EU in 2004 as rather weak economies, but with huge growth potential. With a population of more than 64 million, or 13 per cent of the EU28, the economic output of the Visegrad countries was only about 3.7 per cent of the total EU28 output, says Erste Group’s report.

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Warsaw Airport and the aerospace sector in Europe

As just one example of the aerospace sector being a key opportunity for foreign investment in Emerging Europe, Warsaw Airport – otherwise known as Frederyk Chopin International –has been undergoing renovations since 2012, due for completion in December 2014. As Poland’s biggest airport, the new Terminal 1 will make it even bigger with a traffic capacity of up to 26 million passengers a year.

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The Eurozone’s recovery gives the CEE economies a kick

Economic prospects across Emerging Europe remain strong despite recent events in Ukraine and Russia, according to Regional Economic Prospects in EBRD Countries of Operations: May 2014. While the EBRD region as a whole has suffered the negative impacts of political uncertainty, the CEE economies — of Poland, Hungary, Slovakia, Bulgaria and Romania in particular — are benefiting from the positive effects of recovery in the Eurozone. In fact, growth in Q4 2013 enjoyed stronger than initially estimated growth in the region, in Poland especially.

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The mixed bag of the CEE economies

Previous comparisons of international gross domestic products (GDPs) based on exchange rates have been misleading, says the 2011 International Comparison Program (ICP). When calculated based on purchasing power parities (PPPs), the resulting GDPs and comparative values shift dramatically, revealing the true material wealth of each economy. And for Eastern European countries such as Slovakia, Romania, Bulgaria, Poland, Hungary and the Czech Republic, the data shows incredible range in terms of purchasing power.

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Poland and Hungary are Set for Further Growth

A view on Budapest, Hungary
Recovery from global recession is going to strengthen across Europe but remain uneven in 2014, says the recent International Monetary Fund’s World Economic and Financial Survey. Emerging CEE countries, particularly Hungary and Poland, are bound to grow. That’s due in large part to strong domestic markets, the two respective country’s growth forecast is being at a healthy 2.0 per cent and 3.1 per cent this year, up from 1.1 per cent and 1.6 per cent in 2013.

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Where in the world — Manufacturing Index Summary

manufacturing

The Manufacturing Index 2014 by Cushman & Wakefield highlights the numerous factors that companies must consider when either expanding their business or relocating their existing operations. Presenting the differing risks and opportunities across, not only countries, but also cities, and compiled from the opinions of several of the world’s largest manufacturing companies, the report identifies the emerging markets of the Asia Pacific region as important areas, in terms of global manufacturing. Continue reading Where in the world — Manufacturing Index Summary