What do you guy think ?

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Few-Interview-1996@reddit

Ya nyet comprendar weird alfabetam on an English-language sub.

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RegionSignificant977@reddit

Cumulative real GDP growth in eastern and central Europe from q4 2019 till today.

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Big-Vegetable4550@reddit

And Thank You, for that very amusing mish-mash of who-knows-what that was totally comprehensible!

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alkorisno@reddit

I think that this means nothing for the regular people. Statistics I am intrested in is how much you can buy for the minimum wage. Is that going upnor down?

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Few-Interview-1996@reddit

These cover the eastern waves of expansion of the EU, I assume?

As these are well outside even the honorary Balkans, I have to asl: where are Latvia and Malta?

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Most of those countries are EU members for decades, with Croatia, Bulgaria and Romania last since 2013 and 2007 respectively. No EU expansion influence here in the graph.
Not only EU and Eurozone membership have impact on the economy of those countries. For Croatia and Bulgaria Eurozone admission might have a role in the graph, but not for other countries. Estonia was doing fine until the war in Ukraine. Latvia was also hit hard by that. Also Hungary is underperforming and Bulgaria and Romania caught up and main reason for Hungary poor performance is energy dependence of russia. For Baltics it wasn't because they like it, it's because of Geography. For Hungary it was because of Orban. I hope with new government they will get better.

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Few-Interview-1996@reddit

Thank you.

I should have given a little more detail when I said the double whammy.

I agree that the economic impact can be felt almost overnight, but I would argue it takes at least a decade to filter through and plateau. We have an excellent example of this in Greece, which took 15 years to hit peak post-accession glow. However, failing a commensurate increase in productivity, geographical proximity to a developed economy, or massive investment in productive facilities, the increase in base prices also tends to suppress growth. Therefore, while I agree that the first-order effects of EU membership are done and done, I re-affirm my view that we now seeing the second-order effects.

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RegionSignificant977@reddit

Geographic proximity to more developed economies helps a lot. I wish well for all of our neighbors.