As EU leaders scramble to save the euro zone and cobble together policies to restore growth, Poland is solidifying its position as the union’s fastest growing economy, the Financial Times reports.
"Poland has done remarkably well so far and our weakness in the west has been its strength, so every time we have printed money to resolve some of our own problems some of that money has found its way into safer currencies," Ben Habib, CEO at First Property Group told CNBC.
Any Eurocrat trying to think up a PR campaign for battered Europe should watch TV tonight. Euro 2012, the football tournament that kicks off with Poland against Greece in Warsaw, offers a vision of the perfect Europe, the Financial Times reports.
Spain's pain hits the euro and China and Japan go direct - it's time for your FX Fix.
The deepening euro zone crisis is threatening the integration of Eastern European nations into the single currency area, the Chief Economist at the European Bank for Reconstruction and Development (EBRD) told CNBC’s “Worldwide Exchange”.
With Europe imploding and the U.S. markets teetering, Ruchir Sharma, Morgan Stanley, offers insight on three emerging markets.
Investors fearful of a global recession and its ill effects on emerging markets should look for short funds to bet against stocks there.
South-Eastern Europe could throw up some surprises to the downside, Peter Attard Montalto, emerging market economist at Nomura, told CNBC on Thursday.
Now that the European Central Bank has tamped down disaster fears, a few currencies are poised to shine.
The euro stays weak, the yen gets a lift, and Poland makes a move - it's time for your year-end FX Fix.
IKEA is going into the business of selling walls, floors and roofs, in addition to furniture, housewares and rugs. The international home-goods retail monolith recently announced plans to build an entire neighborhood in Stratford, East London.
Skinny homes are built for any number of reasons. Click to view some slim pickings from across the world.
Hungary's decision to help its citizens pay back the foreign exchange loans they took at the height of the economic boom a few years back has sparked outrage among banks and spooked foreign investors.
Hungary's government is taking steps to pull the country out of the difficult economic conditions it still faces but needs to ensure predictability, Eleni Tsakopoulos Kounalakis, US Ambassador to Hungary, told CNBC.com.
Since it was elected last year, Hungary's government has aggressively aimed to cut the country's debt burden, through raising taxes and nationalizing private pension assets, amongst other measures.
I've been to three European countries in three days and have not seen one newspaper headline on Greece, or the debt crisis. In fact, the topic when raised elicits yawns.
Fear of another downturn in the world economy lurks behind the smiles and relaxed atmosphere; the Czech Republic is heavily reliant on exports to the euro zone, especially Germany, for its economic growth.
Martin Tlapa, Deputy Minister, Ministry of Industry and Trade of the Czech Republic told CNBC.com in an interview in Prague that the "safe haven" label looks rather scary for a small, open economy that needs a stable exchange rate to function properly.
Analysts are skeptical now that the euro would be such a good idea, even if ordinary Poles are still optimistic.
Some analysts have dubbed Central and Eastern Europe a safe haven – due to relatively low risk, because the countries have reformed, and relatively high yields, as they are still seen as emerging markets – but the risks are increasing.