Romania pulled itself out of recession in 2012's second quarter but the Hungarian and Czech economies contracted further as their powerhouse industrial sectors fell victim to a Euro Zone crisis that has already hit the region's consumers.
The single currency area's deepening slump has cut demand for exports in the European Union's manufacturing-heavy eastern states, where governments have also embarked on austerity measures that have hit other potential drivers of growth.
Read more: Romania out of recession, Czechs, Hungary fall deeper | Reuters
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