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European Region (East)

Eastern Europe


Eastern Europe is used as a general term for the eastern part of Europe. There is no standard definition of the term "Eastern Europe". It depends whether it is to be designated in a geographic, political, historical or economic sense.

The United Nations classifies the following countries to Eastern Europe:

  • Bulgaria
  • Moldova
  • Poland
  • Romania
  • Russia
  • Slovakia
  • Czech Republic
  • Ukraine
  • Hungary
  • Belarus

Russia is the biggest country in this region both with respect to population and economy.

Economic output of Russia

Currently: www.tradingeconomics.com
(Source: The World Bank 2012)

GDP: 2.015 trillion USD
GNI per capita: 12,700 USD
Main import partners: Germany, China, Ukraine, Italy, Belarus
Main export partners: Germany, Netherlands, USA, China, Turkey

"B2B" bankruptcy distribution

Average rate: 35%
Average process duration: 2,7 years
Average costs of insolvency proceedings: 13% of the insolvency value.

 


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Exchange Rates

1 € (EUR):
AUD 1.53020
CAD 1.52460
CNY 7.84810
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INR 78.23900
JPY 135.53999
MYR 4.82600
MXN 22.81570
KRW 1306.92004
CHF 1.17580
THB 39.06900
USD 1.22550
20.01.2018 © EZB

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