Financial Crisis in Central and Eastern Europe

Opis

Financial Crisis in Central and Eastern Europe. The financial crisis of 2008?2009 has become the most serious challenge for the Central and Eastern European countries after they had completed the process of post-socialist transformation and became EU members. The negative impacts of the recession on their most important international partners multiplied their own tensions and imbalances which ? in some cases ? have led to a dramatic decline of the GDP and serious cuts in public spending and personal incomes.

The situation within the group is far from uniform. On the one hand we have Poland ? the only country in Europe that has not gone through a recession, and on the other hand there are th