The Impact of the Eurozone Crisis on Eastern Europe

The severity of the Eurozone crisis is spreading to Eastern Europe, states Daniel Tarling-Hunter, Economist at Euromonitor, with Eastern Europe impacted in three ways. First, the area is financially tied to the Eurozone; therefore the slowdown of Western financial output is hampering growth in the east as well. Exports are also being affected, as the European Union is a massive exporting sector for Eastern Europe. Finally, consumer confidence is fading in Eastern Europe as a result of spreading fears throughout the entire continent.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.