Emerging European Economies Weather Geopolitical Shocks, Wiiw Says
6 Articles
6 Articles
Emerging European economies weather geopolitical shocks, wiiw says
Credit: wiiwRegion proved resilient to energy price shock triggered by the Iran war and increasingly dangerous geopolitical environment shaped by US foreign policy, Russia's invasion of Ukraine and China's growing economic influence.
Vienna Institute for International Economic Comparisons (wiiv): Vienna (ots) - New growth model in the CEE countries, Germany no longer a conjugation engine of the region; Ukraine with its back to the wall; Russia's economy feels the war Despite the energy price shock caused by the Iran war and the current ...
VIENNA. The 23 countries surveyed will increase their gross domestic product by 1.8 percent this year - twice as strong as the eurozone.
This means that the region continues to develop significantly better than the eurozone (0.9 percent), where economic performance is almost stagnating. Since the spring forecast, the global environment has worsened, said wiiw director Mario Holzner at the press conference. As a result of geopolitical escalations, crude oil prices increased by over 50 percent and European natural gas futures by around 70 percent. This stimulates inflation and slow…
The economy in Central, Eastern and South-East Europe is largely unimpressed by the recent energy price surge as a result of the Iran war. In its autumn forecast published on Wednesday, the Vienna Institute for International Economic Comparisons (wiiw) maintains an average GDP growth of 2.2 percent in 2026 for the region's EU countries, thus remaining well ahead of the eurozone, for which [...]
The economy in Central, Eastern and South-East Europe is largely unimpressed by the recent energy price surge as a result of the Iran war. In its autumn forecast published on Wednesday, the Vienna Institute for International Economic Comparisons (wiiw) maintains an average GDP growth of 2.2 percent 2026 for the EU countries in the region. Thus, they remain well ahead of the eurozone, for which only an increase of 0.9 percent is expected.
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