Economies in the
region of Central and Eastern Europe (CEE) will grow by 4.1% in 2021 after a
drop of 5.1% in 2020. According to information provided by the agency Moody´s
Investors Service, the growth in the region will be stronger and the resistance
against the pandemic will be higher than in the majority of euro area countries.
The outlook is supported by lower dependence on tourism, a greater focus on
industry and manufacturing and stronger funding from the EU in the framework of
the Recovery Fund.
Source: CIA News
Prepared by the team of foreign office CzechTrade and CzechInvest Seoul