Post COVID-19 Recovery and New Challenges for Central And Eastern European Countries
Post COVID-19 Recovery and New Challenges for Central And Eastern European Countries

Author(s): Gergana Mihaylova-Borisova
Subject(s): Economy, Business Economy / Management, Public Finances
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: economic growth; monetary policy; pandemic crisis; CEE countries
Summary/Abstract: Following the severe pandemic crisis related to the spread of a new virus to humanity, the coronavirus COVID-19, economies are beginning to recover at different rates depending on the extent to which they have been affected by thecrisis. The aim of the study is to analyse to what extent the Central and Eastern European (CEE) countries have been able to recover from the pandemic crisis and reach pre-crisis levels of their main economic indicators. Despite the successful recovery of most of them, the countries face new challenges posed by a number of internal and external factors such as accelerating inflation, expansionary monetary policies of central banks, declining bank profits as a result of increased costs, and the outbreak of war between Russia and Ukraine.

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