Get all your news in one place.
100's of premium titles.
One app.
Start reading
Axios
Axios
Business
Dion Rabouin

Romania, Poland and Hungary are growing despite Europe's economic stagnation

Overall growth in the big, developed eurozone markets has been stunted at around 1% or less for much of the year, and the bloc may even fall into recession this year, but Central and Eastern Europe's economies have been growing significantly, recent research from Capital Economics shows.

The winners: Romania's construction boom and strong consumer spending have helped put GDP growth on pace for 6%; Poland's GDP is expected to grow at around 5% this year; and Hungary is benefiting from strong industrial production and retail sales growth, helping its economy expand at nearly 5%.

Go deeper: Eastern Europe is shrinking before our eyes

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.