Eastern Europe economic slump
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Eastern European countries – formerly the fastest-growing part of the EU – are facing their worst recession since the fall of Communism, but are forecast to recover quicker than their western neighbours
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GDP GROWTH (percentage)   2020 2021 

-10 -8 -6 -4 -2 0 2 4 6 8 10

Estonia -6.9  5.9
Latvia -7.0   6.4
Lithuania -7.9 7.4
Poland -4.3 4.1
Czech Rep. -6.2 5.0
Slovakia -6.7 6.6
Hungary -7.0 6.0
Slovenia -7.0  8.7
Croatia -9.1  7.5
Romania -6.0  4.3
Bulgaria -7.2  6.0
EU  -7.4  6.1


Output in region set to fall in 2020 by 6.9%, but bounce back strongly in 2021 by 6.1%

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Sources: European Commission
forecasts, Bloomberg © GRAPHIC NEWS