In Europe, Bustling East Props Up the West - by Markus Walker
A long column of trucks winding east along a rutted road in the Polish countryside testifies to a little-noticed shift in the global economy: Soaring exports to Europe's postcommunist East are propping up economic growth in Western Europe.
Most economists expected the recent recovery in the 13-nation euro zone -- dominated by Germany, France and Italy -- to falter this year as slowing U.S. growth, high oil prices, the euro's surge against the dollar and rising interest rates took their toll. Instead, Europe's economic heartland is powering ahead, and companies in the region are busy investing
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