View over a residential neighborhood of booming Bucharest, capital of Romania (Photo: Frank Elbers)

Labor Shortages Threaten to Derail Central & Eastern European Economies

After twenty years of growth, labor shortages threaten to derail the economies of Central and Eastern Europe. Since the Czech Republic, Hungary, Poland, and Slovakia joined the EU in 2004, followed by Bulgaria and Romania in 2007, their economies have been boosted through a combination of capital from multinationals and cheap and well-educated local workers. 

Read further in Muftah Magazine.

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