The economic recovery in the Central and Eastern European EU countries

Authors

  • Elena GURGU Lecturer Ph.D. Faculty of Marketing and International Business Spiru Haret University

Keywords:

economic recovery, recession, competitivity, value added, economic exchanges

Abstract

Following the recession in 2008-09, the economies of the eight EU countries in central and Eastern Europe outside the euro area (CEE) are recovering gradually, albeit with significant differences across countries. The expansion in economic activity is currently being driven primarily by exports as domestic demand remains subdued. Those countries that accumulated relatively more substantial internal and external imbalances before the financial crisis suffered more severe contractions in output during the crisis, and most of them face a more sluggish economic recovery.    

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Published

2011-03-30

How to Cite

GURGU, E. (2011). The economic recovery in the Central and Eastern European EU countries. Annals of Spiru Haret University. Economic Series, 11(1), 35–44. Retrieved from https://anale.spiruharet.ro/economics/article/view/1114

Issue

Section

ACADEMIA PAPERS