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After two decades of progress, researchers warn that Central and Eastern Europe may see its economic development slow.
Analysis from the Warsaw School of Economics has examined the fate of 11 countries that joined the EU after 2004 (CEE-11), namely: Poland, Bulgaria, Croatia, the Czech Republic, Estonia, Lithuania, Latvia, Romania, Slovakia, Slovenia and Hungary.
Researchers analysed the economic progress made by these nations between 2004 and 2024, paying particular attention to the rate of economic growth and real convergence. In other words, how quickly these nations have closed the development gap with the EU-15, the bloc’s wealthier Western members.
"These countries as a group have developed at a rate almost twice as fast as the so-called 'old Union' or the EU-15," Dr Piotr Maszczyk, head of the Department of Macroeconomics
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