Bloomberg: East Europe's Economies Boom as Region Bucks Global GDP Slowdown
Monday, February 15, 2016
Eastern Europe’s economic expansion, led by car manufacturing and rising domestic demand, is helping the region buck a global growth slowdown fueled by the decline of commodity prices and market turmoil, Bloomberg reports in the Friday's analysis. Euro member Slovakia led the region with a 4.2 percent annual gain in gross domestic product last quarter, the fastest pace in five years. Poland’s GDP rose 3.9 percent, ...