Why Emerging Europe is the New Darling of Outsourcing

outsourcing Developing programming and coding technologies. Website design. Cyber space concept.

In a world where the impact of global market forces on businesses can be ruthless and unforgiving, strategic partnerships are becoming increasingly driven by hard economic necessity. The notion of seeking and finding a compatible partner then, where a meaningful relationship can truly flourish and be both rewarding and fulfilling for both sides may seem somewhat romantic to many.

Continue reading Why Emerging Europe is the New Darling of Outsourcing

Why the Baltic States Should Reject the Nanny State

man smoking a cigarette Cigarette smoking Cigarette with smoke

In a joint statement issued in mid-December, the three Baltic nations of Estonia, Latvia and Lithuania promised to pursue policies promoting healthy lifestyles. Lithuanian Minister of Health Aurelijus Veryga, Latvian Minister of Health Anda Čakša and Estonian Minister of Health and Labour Jevgeni Ossinovski signed a memorandum of intent on cooperation in reducing alcohol consumption, smoking and malnutrition. Continue reading Why the Baltic States Should Reject the Nanny State

Emerging Europe Internet Speeds: Could Do Better

3d rendering internet speed meter close up

Only seven Emerging European countries can boast better than average fixed broadband internet download speeds, latest figures from Ookla’s Speedtest Global Index claim. Only three countries: Romania (4th), Hungary (5th) and Lithuania (11th) make the top 20, and only a further four (Latvia, Bulgaria, Moldova and Poland) can boast above average broadband speeds.

Continue reading Emerging Europe Internet Speeds: Could Do Better

Estonia Posts EU’s Highest Inflation Rate in November

Rising food and grocery store prices is estonia and cost of living concept. Man counting food and consumer goods money with pen, paper and calculator at home. Budget of disadvantaged and low income family.

Annual inflation in the European Union was 1.8 per cent in November 2017, up from 1.7 per cent in October 2017. Inflation in the Euro Area also rose, from 1.4 per cent to 1.5 per cent. Estonia had the highest inflation rate in the EU, at 4.5 per cent, followed by Lithuania where inflation climbed to 4.2 per cent. The highest monthly increase was registered in Romania, where prices jumped 0.6 per cent on October to give an annual rate of 2.7 per cent. The data comes from Eurostat.

Continue reading Estonia Posts EU’s Highest Inflation Rate in November

Fish in the Bath and Other Christmas Traditions

Christmas Market On The Dome Square With Riga Dome Cathedral In Riga, Latvia. Christmas Tree And Trading Houses With Sale Of Christmas Gifts, Sweets And Mulled Wine. Famous Landmark.

I remember very well my first Christmas in Hungary. One of my colleagues had invited me to a Christmas dinner at his house. It was a cold and snowy day but as soon as I stepped into his home I was hit by the warmth of the fire and a wonderful smell of food. I asked if I could wash my hands. My host pointed me to a door. I almost screamed when I entered the restroom: two carp were happily swimming in the bathtub. Merry Hungarian Christmas, Claudia.

Continue reading Fish in the Bath and Other Christmas Traditions

OECD: Tightening Labour Markets Sustain Growth in Emerging Europe

workers, employment

The world economy has strengthened, with monetary and fiscal stimulus underpinning a broad-based and synchronised  improvement in growth rates across most countries, according to the Organisation for Economic Co-operation and Development’s (OECD) latest Economic Outlook, published on November 28. For those emerging European countries which are members of the OECD (Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia) a common theme of the report is an increase in growth driven by consumption, itself powered by tightening labour markets.

Continue reading OECD: Tightening Labour Markets Sustain Growth in Emerging Europe

Hungary Seen as Riskiest Country in CEE

risk

Government investigations and regulatory compliance are increasingly concerning issues for businesses operating in the CEE market. This is according to the latest Central and Eastern Europe: Risk & Resilience report, published on November 23 by international law firm CMS and Legal Week, which canvassed the views of more than 40 in-house counsel on the region’s business potential and how to mitigate risks.

Continue reading Hungary Seen as Riskiest Country in CEE

Does the Sceptre of Separatism Haunt Emerging Europe?

Szekely Land Flag

There is much talk in Europe at the moment about the potential spread of separatist movements, a consequence of Catalonia’s referendum on independence. A number of maps have appeared on the internet pointing to various regions which may be next in line. The spectre of disintegrating states haunts some European Union states and is perceived (or instrumented) as a threat by others. In the eastern part of the EU, there is much talk about the case of the Silesians (some even mention the Kashubians) in Poland, the Hungarians of the Székely Land in Romania and Slovakia, Moravians in the Czech Republic, Russians in Latgale (Latvia), and the historical region of Samogitia in Lithuania.

Continue reading Does the Sceptre of Separatism Haunt Emerging Europe?