A quite impressive GDP growth for these Eastern European countries. We in Austria meanwhile are still struggling, although this year should be rather a stagnation than recession.
No_Firefighter5926 on
It’s interesting that both Bulgaria and Croatia decide to join European rate mechanism in that quarter which is make investments boom as the two countries officially decide to join € so they just open more possible opportunities for investors
RustCohle_23 on
Yeah, you can start emigrating east now 😀
_urat_ on
I knew about Croatia’s success, but I feel that Bulgaria’s growth isn’t talked about. What’s the reason and does it correlate with improving standards of living my Bulgarian friends?
ImTheVayne on
🇩🇪🇪🇪🇫🇮 are doing so badly.. the economy has stagnated.
Silent_Giraffe8550 on
Russia owns 40% of Europe
Also Russia in the lists of European countries: –
binary_spaniard on
I feel like ranting about my experience with economic growth and an economic depression. Economic growth does not have to correlate with rising living standards for the majority often is the opposite.
Being back to Spain in a decent job in 2016 in a Spain barely recovering of a recession was interesting. The 20% unemployment was more real than than the 10% of now, that also means that 80% of people had jobs. But still, that many people losing jobs and leaving the country or going to live with their parents means cheap housing available even in expensive areas of Madrid. Rents for business with so many bankruptcies went low and that with the low demand meant that price of everything pretty much didn’t change for 10 years (2008-2018), except housing that got cheaper, so you didn’t have to worry that much for inflation.
Meanwhile now we are in a boom, so the demand of housing has exploded the prices of anything that relies on renting a local or semi-skilled labor have grown like crazy.
Like I bought a house that currently would sell for twice what I paid. I would not be able to afford it now, and I make more money than then.
Only to reflect on the disconnect that you feel when people talk about economic growth and people feel that their personal financial situation has not improved. What has happened is simply that there are a few more millions of people working. But that has only meant more people competing for housing and services with you.
ProductGuy48 on
Bulgaria 💪 stronk! 🇧🇬
IgnoreMyPresence_ on
There’s only going up from the bottom as they say
thatsexypotato- on
We are fucked
Front-Blood-1158 on
Don’t get too excited. Bulgarians, Croatians and Polish people will still move to Germany or so.
This is another ordinary graph that popped up on Internet like others. Also this graph shows that EU is unstable and irrevelant.
Shadow_Ass on
Is it still in Croatia that everything east of Zagreb is dying out? I left in 2010 and the one time I was back in 2023 not much had changed.
mawuss on
Where is Ireland though? I’m pretty sure it’s first but GDP is not a valid metric in this case.
AdagioCreative6367 on
Can someone link the site where they put the graph up? I couldnt find it
Any-Original-6113 on
Germany, Estonia , Finland have very slow growth.
What’s happen?
ihavenoideanl on
Meanwhile Turkey 35%
chessboardtable on
The U.S. is growing almost on par with all these poor European countries. Insane.
RockyMM on
This is a bit misleading since it compares Q2 to Q4, the comparison should be a yearly comparison.
But still, good job Croatian and the rest of the crew.
WoddleWang on
The US is just insane, Europe really is fucked at this rate
20 commenti
And those are not ‘greek’ numbers?
A quite impressive GDP growth for these Eastern European countries. We in Austria meanwhile are still struggling, although this year should be rather a stagnation than recession.
It’s interesting that both Bulgaria and Croatia decide to join European rate mechanism in that quarter which is make investments boom as the two countries officially decide to join € so they just open more possible opportunities for investors
Yeah, you can start emigrating east now 😀
I knew about Croatia’s success, but I feel that Bulgaria’s growth isn’t talked about. What’s the reason and does it correlate with improving standards of living my Bulgarian friends?
🇩🇪🇪🇪🇫🇮 are doing so badly.. the economy has stagnated.
Russia owns 40% of Europe
Also Russia in the lists of European countries: –
I feel like ranting about my experience with economic growth and an economic depression. Economic growth does not have to correlate with rising living standards for the majority often is the opposite.
Being back to Spain in a decent job in 2016 in a Spain barely recovering of a recession was interesting. The 20% unemployment was more real than than the 10% of now, that also means that 80% of people had jobs. But still, that many people losing jobs and leaving the country or going to live with their parents means cheap housing available even in expensive areas of Madrid. Rents for business with so many bankruptcies went low and that with the low demand meant that price of everything pretty much didn’t change for 10 years (2008-2018), except housing that got cheaper, so you didn’t have to worry that much for inflation.
Meanwhile now we are in a boom, so the demand of housing has exploded the prices of anything that relies on renting a local or semi-skilled labor have grown like crazy.
Like I bought a house that currently would sell for twice what I paid. I would not be able to afford it now, and I make more money than then.
Only to reflect on the disconnect that you feel when people talk about economic growth and people feel that their personal financial situation has not improved. What has happened is simply that there are a few more millions of people working. But that has only meant more people competing for housing and services with you.
Bulgaria 💪 stronk! 🇧🇬
There’s only going up from the bottom as they say
We are fucked
Don’t get too excited. Bulgarians, Croatians and Polish people will still move to Germany or so.
This is another ordinary graph that popped up on Internet like others. Also this graph shows that EU is unstable and irrevelant.
Is it still in Croatia that everything east of Zagreb is dying out? I left in 2010 and the one time I was back in 2023 not much had changed.
Where is Ireland though? I’m pretty sure it’s first but GDP is not a valid metric in this case.
Can someone link the site where they put the graph up? I couldnt find it
Germany, Estonia , Finland have very slow growth.
What’s happen?
Meanwhile Turkey 35%
The U.S. is growing almost on par with all these poor European countries. Insane.
This is a bit misleading since it compares Q2 to Q4, the comparison should be a yearly comparison.
But still, good job Croatian and the rest of the crew.
The US is just insane, Europe really is fucked at this rate