Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Overall growth in the big, developed eurozone markets has been stunted at around 1% or less for much of the year, and the bloc may even fall into recession this year, but Central and Eastern Europe's economies have been growing significantly, recent research from Capital Economics shows.
The winners: Romania's construction boom and strong consumer spending have helped put GDP growth on pace for 6%; Poland's GDP is expected to grow at around 5% this year; and Hungary is benefiting from strong industrial production and retail sales growth, helping its economy expand at nearly 5%.
Go deeper: Eastern Europe is shrinking before our eyes