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

HSBC: Importing for export success

Imports are key to the UK’s export success story, says HSBC report. In order to remain competitive in a global marketplace and integrate further into the global supply chain, UK business needs to continue to outsource production of component parts, invest in education and skills and provide fiscal incentives to support continued R&D. These particularly apply to the most successful organic chemicals, machinery and pharmaceutical sectors.

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Poland — a True Special Economic Zone

Special Economic Zone

Poland’s outstanding performance during the GEC has defined it as one of the most business-friendly environments in Europe, even the world. Displaying stability, even growth, during the 2008 to 2012 crisis (18.1 per cent), with a continued positive economic outlook, as well as ongoing Special Economic Zone (SEZ) measures, make it an attractive investment destination, says EY’s report.

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Strong Demand for Retail Stock Expected to Continue Through to 2014

shopping Warsaw

A positive sentiment for investment in Poland’s future continues as retail expansion in the region centres around growing shopping centre stock, according to Jones Lang LaSalle’s latest Poland Retail Market. Two major new projects feature: a multi-use complex, Galeria Katowicka in Katowice and downtown shopping gallery Plac Unii by BBI Development in Warsaw.

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