Skip to content
Subscriber Only
Markets
Economics

Resilient East EU Shows Slumping West That Stimulus Can Work

  • Strong domestic demand tempers impact of global downshift
  • Growth in Hungary, Czech Republic, Romania beats forecasts
Updated on

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here

The European Union’s eastern economies downshifted last quarter along with the rest of the bloc, but a job boom and government spending helped them withstand the brunt of global headwinds that sent the U.K. and Germany into contraction.