Central Europe Activ

Archives for Economy & Euro

I believe that current euro-crisis sparked by Greece, and partly accelerated by the electioneering in tiny Slovakia shows that in fact we have a European shadow government, and it would need a great amount of sunbeam to become transparent. I think that on the 2010 Europe day it should be clearer than ever that we need a federal government in Europe. But we should not stay in a state of denial forever: the EU has been created, it has its own life, and it needs a permanent government instead of jetting together national politicians every other day. I still believe that a house divided again itself cannot stand.

Posted by Dániel Antal

The more similarities we find in economic performance or structure, or in economic decision, the more likely that the group will share common interests, and it makes more economic and political sense to act as a group against other countries. However, if one or two EU member states are more similar to their other neighbors, they will have a motivation to undermine the V4 group.

Posted by Dániel Antal

The new Eastern members, Central and Eastern Europe has been steadily catching up with the Western part of the Union, although at a rather slowish pace. The current depression has seroiusly hit some old and new member states, and less severely other ones, so the picture will be more varied at the end of this year. The next possible candidates, Iceland and Croatia are fitting well into the club.

Posted by Dániel Antal

Michal Lehuta has a very nice chart of a few selected EU member state’s long-term economic performance. Between 1997-2010 the gap between Central European and Western European GDP’s have diminished significantly. It looks that Slovenia will reach the EU average level at first, Slovakia and Estonia are the biggest relative winners. On the other side,… » read more

Posted by Dániel Antal