Central European countries, particularly the members of the Visegrad Four (V4), play an increasingly more important role in Europe, and not only in the field of politics.
Two reports from Nordea Bank and Ergo Insurance have highlighted Latvia in both - economic outlook and individual feeling of security.
Systematic surpluses of exports over imports create space for rising wages in the countries of the Visegrad Group.
Machines, means of transport and food products are the leaders of Polish exports, mainly within the European Union. In non-EU countries, Poland is associated with raw materials mainly.
In recent years, protectionism is steadily growing in the EU food market. For Poland, a major exporter of agricultural food products, it is a worrying phenomenon.
In 2001-2015 Poland’s share in global imports more than doubled, to 1.16 per cent. Only 13 per cent is attributable to non-European imports.
The supra-regional demand for products manufactured in a given country indicates high non-price competitiveness of exporters.
A clear economic recovery is observed in Poland and the region of Central and Southeast Europe. GDP growth in Poland stood at 4 per cent in the Q1’2017, and the average for the Visegrad Group and Romania is 3.8 per cent. It is...
In Poland it’s difficult to find a sector developing as fast as the foreign trade. The statistics are highly optimistic, but unfortunately Polish export is still unsteady.
Orbán and his government pursue the announced strategy called “Eastern Opening”. Its goal is to reduce the dependency of Hungarian economy on trade with Western Europe.