Weekly Export Risk Outlook, May 21

05.22.2014 ZF English

Growth in Central and Eastern Europe is expected to continue after first-quarter figures show the recovery continued in the 11 EU members in the region, Euler Hermes notes in this week’s Export Risk Outlook.

Romania remained the vanguard, even if the export-led growth slowed to 3.8% year-on-year from 5.2% in the previous quarter, Euler Hermes said in its report.

Hungary gained momentum after posting the largest growth since 2006, while Poland’s economy was helped by strong domestic demand.

Although recovery in Bulgaria remained modest, Euler Hermes expects full-year growth in the Central and Eastern Europe region will pick up to 2.3% in 2014, from 1.1% in the previous year.

For more details and info about other regions, see the full report: