Cautious Upturn in Emerging Europe Haunted by the Spectre of Uncertainty

Donald Trump

For the economies of emerging Europe, the international economic environment appears generally positive. In 2017-2018, GDP growth in the Euro area is expected to hover at around 1.7 per cent. The international financial markets have stabilised and the current economic mood is improving. Because of the global recovery, the US Fed is expected to increase interest rates further in 2017, while oil prices are likely to rise. In the EU, disbursements from the payments’ cycle of the European Structural and Investment Funds are only just beginning, indicating higher co-financed investments in the Central and Eastern European EU member states (EU-CEE) from this year onwards.

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Ostrava Is Aiming at Innovative Sectors

Tomas Macura, mayor of Ostrava, told Emerging Europe that his city needs to continue its transformation from traditional industries to innovative sectors and is changing its approach in order to attract more investment, for example, in business services.

Will a Two-speed European Union Side-line the Visegrad Four?

During the summit marking the 25th anniversary of the Maastricht Treaty, in December 2016, the president of the European Commission, Jean-Claude Juncker, called for a move forward with a two-speed Europe and also for the creation of a different orbit for those EU Member States who do not wish to take part in all facets of EU integration. If implemented, this approach will have far-reaching consequences for the CEE region, especially for the countries of the Visegrad group (the Czech Republic, Hungary, Poland, and Slovakia), which could effectively be side-lined in a two-speed Europe. Continue reading Will a Two-speed European Union Side-line the Visegrad Four?

The CEE Region Is Making Advances in Prioritising Waste-to-Energy Projects

The European Commission has been preparing a technical communication that focusses on waste-to-energy (WtE). It aims to explore the opportunities this offers, particularly with regard to the synergies between resource and energy efficiency. The communication was scheduled to be published at the end of 2016 together with the reviewed Renewable Energy Directive. Continue reading The CEE Region Is Making Advances in Prioritising Waste-to-Energy Projects

Are Labour Shortages Driving Economic Growth?

The global economic environment continues to be challenging. The ‘wounds’ inflicted by the global financial crisis of 2008 have not yet healed completely and world economic growth remains rather subdued. This particularly applies to the advanced countries and especially to the Euro Zone, which is the most important trading partner for the Eastern European countries.  Continue reading Are Labour Shortages Driving Economic Growth?

The Czech Republic Is On the Way To Become a Fully Developed Economy

In 2015, the Czech GDP per capita amounted to over $17,000 and was the third highest in emerging Europe, after Slovenia and Estonia. Now the country has the second lowest unemployment rate in the European Union, with 4.2 per cent in July 2016, but the economy faces its own challenges. 

Jan Mládek, Minister of Industry and Trade of the Czech Republic, spoke to Emerging Europe, about the advances the country has to make to become a fully developed economy.

Survio – The Czech Start Up Creating 1.5 Million Surveys

Survio is an easy tool for any type of online survey that already has one million users who created over 1.5 million surveys. The online forms included more than 10 million questions and received some 20 million responses in its first four years of operation. 

Ondřej Coufalík, CEO at Survio, spoke to Justyna Wróbel, about the company’s up and downs, their recent achievements and their ambitious plans for future expansion.

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