A recent Bloomberg survey has revealed that Poland is the best country to do business in both Eastern Europe and Central Asia. This is a result of an expanding consumer market as well as a rapidly improving infrastructure. As the EU’s largest eastern economy, Poland was ranked above 21 countries listed by Bloomberg Rankings for…
Category Archives: Economy
Tech Mahindra Plans to Expand in Eastern Europe
IT company Tech Mahindra recently revealed its plans to expand into eastern Europe. According to the business services group, a new delivery center is expected to launch within the next fiscal year, while the company continues to work on expanding into North America as well. “Our next move will be to start a center in…
Loan Growth in Eastern Europe
Ewald Nowotny, member of the European Central Bank Governing Council, recently discussed loan growth in Eastern Europe, claiming that it will need to be monitored closely in order to avoid another crisis like 2009. According to Nowotny, it is hard to tell whether former communist states’ economies were overheating or converging with their western counterparts…
