The crisis has not yet ended in Europe
According to the World Bank; the ten recently acceded Members of the European Union, can expect a 1.6 percent GDP growth, but not in all of the countries.
The EU10 Member State's GDP last year decreased by an average 3.6 percent. The average economic growth of the ten Member States can be a moderate 1.6 percent this year and 3.6 percent next year. Despite the fact, that the ten new Member States’ GDP growth in the coming years will be higher than the old Member States, the way out will be hard and the growth will be far below the pre-crisis levels – reports Index.
Related news
Related news
Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >