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Investing in Central and Eastern Europe

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

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