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  1. Only showing results from gfmag.com

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  2. San Marino is one of the world's smallest countries and the oldest surviving republic. Landlocked within Italy, with an area of just over 60 square kilometers and home to fewer than 35,000 people, it is among the world's most affluent countries in terms of GDP per capita. The economy thrives on tourism, banking, agriculture, and exports such as ceramics, clothing, fabrics, and collector ...
  3. The other assumed benefits of closer integration—better access to Western European markets and improved competitiveness—are now being questioned as economic slowdown looms in once buoyant "core Europe"—including Germany, the Netherlands and Austria. Even Poland, the most successful CEE economy, is feeling the strain.
  4. BACK FROM THE BRINK Emerging European economies are starting to recover from a steep and painful slowdown. By Justin Keay For those of an anxious disposition, emerging Europe last year was an uncomfortable place, with the risk of panic never far away. Early hopes that the region might dodge the global downturn soon gave way to recognition that its close integration with the global economy ...
  5. Regional Report | Central & Eastern Europe Although geopolitical risks are still keeping executives awake at night, there has been a remarkable turnaround in some countries of the region, thanks in large part to structural reforms—implemented early and strongly.
  6. A year has passed since the European Unions enlargement of May 2004 when 10 new member countries, eight of them former Soviet bloc nations of Central and Eastern Europe, formally joined the worlds largest single economic area. How they have fared within an enlarged EU is providing valuable lessons for the countries next in line for full accession, starting with Bulgaria and Romania. The ...
  7. Amid a generally discouraging picture, where are Central and Eastern Europe's brightest and darkest spots? Among the winners, Poland stands out, with a stable banking system, generally low levels of debt, a cohesive, effective government and some prospect of growth—though not much—in the annus horribilis that is 2009. The Czech Republic and Slovakia, though they have suffered economic ...
  8. European integration got two big boosts in July: Latvia joined the much-maligned eurozone, and Croatia became the European Union's 28th full member. For those following emerging Europe's efforts to recover from the global crisis, however, the difference in these countries' recent economic performances is more interesting than their respective accessions.
  9. Markets continued to grow despite harm caused by the Covid-19 pandemic. By almost any standard, the Central, Eastern and Southeastern European region (CESEE, which includes the Balkan countries) has had a grim pandemic, suffering some of the world's worst infection and mortality rates, with the bad news continuing as 2021 ended. Covid-19 impacted health systems, the wider economy and, by ...
  10. The Covid-19 pandemic hastened the shift to a virtual world, with companies reaping substantial rewards. Since countries in Central and Eastern Europe transitioned to a market economy more than a decade ago, the region enjoyed a "golden age of growth," says McKinsey. But a lot of that growth was based on traditional industries, low labor costs, EU funding and investment from abroad ...

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