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To benefit from the newly established EU Recovery and Resilience Facility (RRF), the Visegrád countries - Czechia, Slovakia, Hungary, and Poland - have submitted their national recovery plans. The Czech and Slovak plans have already been approved by the EU, paving the way for the up-front...
Persistent link: https://www.econbiz.de/10013178174
The Visegrád economies have been hit hard by the COVID-19 pandemic, especially its second wave. In response, macroeconomic policies have been markedly relaxed, with fiscal stimulus packages reaching up to 14% of GDP in Poland and Czechia. The projected recovery of the Visegrád economies from...
Persistent link: https://www.econbiz.de/10012605234
Persistent link: https://www.econbiz.de/10012609068
The EU member states in Central and Eastern Europe (EU-CEE) were experiencing rising labour shortages prior to the COVID-19 pandemic, and ongoing demographic decline means that the issue is likely to resurface once the pandemic is over. As a result, the bargaining power of labour has increased,...
Persistent link: https://www.econbiz.de/10012616356
Die Studie gibt eine Einschätzung des derzeitigen und zukünftigen Migrationspotentials aus den Mittelund osteuropäischen EU-Ländern (MOEL-11) und den drei Westbalkanstaaten Bosnien und Herzegowina, Nordmazedonien und Serbien (WB-3) mit dem Ziel, die Abschätzung der Bevölkerungsentwicklung...
Persistent link: https://www.econbiz.de/10013480236
The Russian invasion of Ukraine has triggered a humanitarian, economic, financial and political crisis that will reverberate across Europe. In this Policy Note we analyse the short- and medium-term implications of the conflict. We find that the most severe economic and financial impact will be...
Persistent link: https://www.econbiz.de/10014374252
The EU member states in Central and Eastern Europe (EU-CEE) have been experiencing increasing labour shortages, which only briefly subsided in the wake of the COVID-19 pandemic. Ongoing demographic decline suggests that labour shortages will only get stronger over time. As a result, the...
Persistent link: https://www.econbiz.de/10014374342
Economic growth in Central and East European countries (CEECs) in 2007 was driven primarily by the strong domestic demand, especially for consumer goods. The latter resulted from both higher incomes (particularly in Central Europe's new EU countries) and expanding household credit (elsewhere),...
Persistent link: https://www.econbiz.de/10005001100
After a long period of convergence, Central, East and Southeast Europe experienced a deep recession in 2009. The relatively moderate GDP decline (-3.6%) on average for the new EU member states (NMS) reflects Poland's weight in the group, the only EU country to have recorded positive GDP growth...
Persistent link: https://www.econbiz.de/10008547915
The Central, East and Southeast European (CESEE) economies will experience on average a minor rebound of economic growth to 1% in 2010 which will speed up to 2.5% in 2011 and 3.5% in 2012. GDP growth will be higher in the CIS countries and in Turkey, about average in the Central European NMS and...
Persistent link: https://www.econbiz.de/10008455838