Retailers see bluer skies on the Eastern and Central European horizon
As Eastern and Central Europe slowly emerges from the grip of recession, many international retailers are beginning to see new pockets of potential in the region, which boasts an under-14 population of 50 million and counting. The economic disparity between east and west still exists in Europe, but post-communist economies have been experiencing significant growth and increased foreign investment over the past decade. And although many regional areas are still plagued by lagging infrastructure and poverty, both income and spending levels are on a continued upswing.
May 1, 2003
Newsletter
