The rate of economic growth in Poland and the Visegrad Group countries (Czech Republic, Hungaary, Slovakia and Poland; V4) has not reflected the markedly weaker economic situation in Germany and the Eurozone countries over the past years.
Countries in Central and Southeast Europe (CSE) show larger share of value added by foreign-controlled enterprises to their economies than their peers in western and southern Europe. They also have a higher share of foreign companies and the value added by is still disproportionately high.
The debate on the next EU budget becomes heated. The northern countries want to limit the cohesion funds, while Central and Southeast countries insist on the same level as previously. Germany, the EU’s biggest contributor, is prepared to accept a bit more than a per cent of GNI.
In the first three quarters of 2019, Hungary, Bulgaria, the Czech Republic, Poland, Romania and Slovakia recorded a real estate investment volume of EUR9bn, according to a report from Colliers, with office sector being the most preferred.
A record-breaking leveraged buy-out in Poland highlights both the growing appetite of global private equity firms for Central European assets and the increasingly favorable financing conditions in the region.
In the countries of CSE region subsequent projects on construction of nuclear power plants have been unsuccessful. The question of the economic sense of their development in Poland recurs, including the on-going election campaign.
The Polish government is not the most lavish one as far as attracting FDI is concerned. According to the latest report by the Polish Foreign Investment Agency, Poland has less incentives than Bulgaria and the Czech Republic but more than Slovakia or Romania.