ING research demonstrates value of Europe's close connections

The Economic Bureau of ING Commercial Banking released a new research report entitled "Valuing Close Connections", a landmark study that assesses the value of the close economic connection between Western Europe and Central and Eastern Europe, Russia and the Commonwealth of Independent States.

The report seeks to answer the question: 'What has been the contribution to economic prosperity that the relationship between Western Europe and Central and Eastern Europe has helped to create over the past 25 years?'

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Conclusive evidence

The report provides conclusive evidence that the interconnection between the regions has led to increased employment, improved GDP and has added value to key economies in the region since 1995. For Western Europe, the ING Connection Rate was equivalent to around 20% of GDP in 2012. In Central and Eastern Europe and the Commonwealth of Independent States, it equaled 65% of GDP in the same year.

Read the report "Valuing Close Connections"

A fresh perspective on connected Europe

The latest edition of The view, ING commercial Banking's online magazine, gives a fresh perspective on connected Europe; looking at the impacts and benefits of its growing integration, the emergence of new markets and how this new found connectivity has become a major driver for prosperity across the region.

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