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Macroeconomic findings: Central Europe Country-by-Country highlights

CE Top 500, 2009 videocast

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Summary:

This year, Deloitte’s Central Europe Country-by-Country report paints a picture of region under extreme pressure. Rafał highlights, that following years of dynamic growth, the unprecedented turbulences caused by the global financial crisis battered the Central Europe’s economies and brought turmoil to countries that have played no role in creating the emergency.

Highlights:

  • The Central European region is becoming more and more important with almost 20% of the EU GDP and 182 million inhabitants.
  • Financial crisis has brought falling company profits, reduced export activity, recession and raising unemployment.
  • In the dense of global crisis, CE countries have now been differentiated even further depending on reliance on exports, exposure to foreign debt and exchange rate performance.

Presenter:
Rafał Antczak, Vice-president of Deloitte Consulting in Poland

Rafał Antczak has over thirteen years of experience in business advisory services both in Poland and abroad. He has authored and co-authored several scientific papers on macro-economy and several projections ordered by private clients. He has authored the flat tax concept for Poland (the so-called 3 x 15%).

Rafał is a member of Information Governance and Education Council at Warsaw Stock Exchange, of Experts Panel Foundation at Center for Social and Economic Research, and a lecturer of economics at Management Department of Warsaw University (MBA).


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