The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
The severity of the Eurozone crisis is spreading to Eastern Europe, states Daniel Tarling-Hunter, Economist at Euromonitor, with Eastern Europe impacted in three ways. First, the area is financially tied to the Eurozone; therefore the slowdown of Western financial output is hampering growth in the east as well. Exports are also being affected, as the European Union is a massive exporting sector for Eastern Europe. Finally, consumer confidence is fading in Eastern Europe as a result of spreading fears throughout the entire continent.
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