An analysis of economic changes in the countries of Central and Eastern Europe belonging to the European Union in the years 2003-2014

Abstract

Economic changes in the Eastern bloc countries which currently belong to the European Union can be characterized as incredibly strong and important. In the process of catching up with the general development, some problems have been reduced. Unfortunately, other issues are starting to increase. The main aim of the present review is to show changes of the period 2003-2014 in major economic areas of these countries and also to point out potential sources of economic issues in the future.