Hungary`s economy weakened long before the worldwide financial and economical crisis. Nevertheless, the increase of purchasing power in the past years in this country was noteable.
Golden Babylon Rostokino, Dolce Vita Tejo or Forum Istanbul – these are the names of some of the largest shopping centers that opened accross Europe last year.
Economic crisis in the East: The higher the rise...
The current economic crisis has spread wave-like by starting at the epicenter in the USA the wave first caught the large highly developed eocnomies in Western Europe.
The cultivated lunch with business partners at the fancy Italian restaurant at the company’s expense is falling victim to the red pencil. Is everybody now eating at the wurst stand?
Retailparks in CEE: successful endeavour or stopgap?
Because the large cities are already swamped with shopping malls the retail parks in CEE are on the rise. However, the expansion has been slowed down noticeably by the economic crisis.
