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Investing in Central and Eastern Europe

A woman passes by a retail shop in Warsaw

Inside this issue

• Most nations have returned to growth, but fiscal issues remain

• Scrappage schemes have helped boost exports of cars such as Dacia’s Logan; and political pressures rather than business trends are now the main issue - -

Content

Plans diverge as region makes patchy recovery

Nations are tackling the fall-out from the economic crisis and strategies for growth in their own way, writes Jan Cienski

Politics: New governments dispense tough medicine for voters

Jan Cienski finds that populism of the recent past has come with a price

Economy: Exports to Germany help relieve crisis

Jan Cienski and Chris Bryant find most nations have returned to growth but imbalances in public finances are a problem

Car industry: Manufacturers in a drive forward at expense of west

Smaller cars and scrappage schemes have helped the sector, reports Nicholas Watson

Banking: Pressure of levies puts brakes on recovery

The sector is facing political challenges, write Jan Cienski and Chris Bryant

Profile: Gedeon Richter strikes out westwards

Hungary’s largest pharmaceutical producer has long been one of central Europe’s stock market favourites, writes Kester Eddy

Chinese investments: Beachhead to west is big attraction

Not everyone is happy with the sight of business delegations trawling for opportunities, write Jan Cienski and Chris Bryant

Investor profile: Takeover is Hungarian rhapsody for Electrolux

Kester Eddy hears how a state-owned refrigerator factory lost its wild cats but became a success story

Social affairs: Roma face a rough ride in jobs market

Viera Samkova’s plight has touched a raw nerve, writes Tom Nicholson