Poland and Hungary outperforming most other EU economies, at least partly through not adopting the euro
>Central Europe – According to the European Commission’s forecasts, Poland and Hungary will be the joint second fastest growing economies in the EU this year, after Malta. The EC has raised its forecast for Poland and Hungary, where it now predicts growth of 4.4% of GDP in 2019. Meanwhile, Eurostat data show that in just the first quarter of 2019, Poland’s GDP grew by 1.5%. This was the third fastest quarterly growth in the whole of the EU, after Ireland, with growth of 2.4%, and Croatia, with 1.8%. Hungary also shared third place with growth of 1.5% in the first quarter. This can be compared with average growth of 0.5% for the EU as a whole, and 0.4% for the eurozone, to which neither Poland nor Hungary belongs. Between the first quarter of 2018 and the first quarter of 2019, Poland’s GDP grew by 4.7% – this was the sixth highest growth rate in the EU after Ireland’s 6.3%, Hungary’s 5.3%, Romania’s 5.0%, Bulgaria’s 4.8% and Malta’s 4.9%. For the whole of the EU, year-on-year growth was 1.5% in the first quarter of this year, and for the 19 countries of the eurozone it was only 1%.
They outperform euro countries because euro countries have already bigger economies, if Poland or Hungary had the economy of Germany or France they would grow less.
Cooper Rodriguez
cope
Ian Thompson
Is that sustainable growth?If their debt to gdp is increasing while gdp grows then it means it's unsustainable(growth based through indebtment).When the EU markets crash,this countries will be the first to fall flat on their faces since alot of their economy is based on external investments and exports.
Christopher Young
>based on external investments and exports wat poland literally lives on a internal market and that's why the last crisis didn't touch us, we consume what we produce
Jeremiah Nelson
If your economy is only 1/8 the size of the other one you can grow 100% and still remain 1/4 the size. Everyone knows that small economies have higher growth rates, dude.
Luke Ross
Of course, because noone else would consume it.
Hudson Fisher
>Literally borders germany >Germany contributes to 30% of its exports >Exports represent 60% of its gdp Yeah idk bro
Noah Perry
It's the truth though so meme away.
Asher Smith
Pay debts Moorish rapebabies Seething krautfaggot
Henry Scott
You will always be second world. Your culture is not european. Its euroasian. Your women are whores I will slay every polish person with my "espada preta de bordo"
Grayson Walker
You will always be third world Your culture is not European. Is africanoarabic Your women are fat stupid pretentious racemixing whores If you come to my country I will force you to sucking my cock and slay with my szabla
Lincoln Kelly
>developing countries have a faster growth rate woah
Thomas Martin
>imagine being in the EU for ten lightyears and still being poorer than a country that was 99,9999999% destroyed by WW2 and 700 years of communism rir alto
Benjamin Torres
Then how come the US has a higher GDP per capita than the EU and also outperforms it in growth?
Huh they are? Guess we don't need to send them our tax money anymore.
Blake Davis
Your country has not gone through a financial crisis yet. Your time is due
Joseph Perez
Cope
Cameron Cooper
não
Oliver Martin
BECAUSE AMERICA #1. YOU CAN'T COMPARE THEM WITH PALE NIGGERS FROM THE EAST
Benjamin Bell
If you have enough living in your shitty country I can hire you as my personal toilet cleaner. That's very generous offer and better decide quickly! Said by someone who is ethnically replaced by Arabs and Africans currently. Better think about your country problems. They are bigger than ours. Oh and stop stealing and fucking children.
LMFAO, how can Europoors even compete? We're literally the master race.
Ryder Price
Croatia is still 10 times better and prettier than Poland
Jayden Garcia
I think you should elect some democratic socialists and shove a lot of feel-good regulations everywhere to become more European.
William Adams
No pumbling stick is the thing that your mom put in the ass. And no hussars used copies and every Portugay army will be destroyed by them in few minutes. Try write longer text Sven. In your beloved Sweden you have time limits in using Internet? Your real country is Germany or Israel. Just move to one of them and stop defame our flag.
