Category: Europe

European Union – economic strength
The prosperity gap within the European Union has widened significantly in recent years. The reasons for this were, on the one hand, the admission of many new member states from Eastern Europe from 2004, and on the other hand the economic difficulties of some older member states in the course of the financial and euro crisis from 2007. The top group of economically strongest countries in 2011 was led by Luxembourg, the Netherlands, Sweden and Denmark, while Romania and Bulgaria, the 2007 acceding countries, together with Latvia, Poland and Estonia, three of the 2004 acceding countries, made up the bottom group.

Economic strength and regional differences in prosperity are determined by the gross domestic product (GDP). The latter is determined by the value of all goods and services that were produced in a region within a specified period of time. The conversion of GDP into purchasing power standards (PPS) also includes regional price differences and in this way determines regional prosperity more specifically and precisely.

Apart from a few exceptions, such as sub-regions in Finland, Sweden and Ireland, there is a clear income gapfrom the rich regions in Central Europe to the far poorer ones on the periphery of the EU. The countries of Eastern Europe had the lowest average economic power between 2009 and 2011, and this imbalance has changed little since then. In 2013 the list of the economically weakest countries was headed by Bulgaria, Romania, Hungary and Poland, followed by Croatia (EU member since 2013), the Baltic states, the Czech Republic and the troubled southern European countries Portugal, Greece and Spain. A comparison of national purchasing power shows how great the differences in wealth are within the Community: In 2013, GDP in PPS in Luxembourg (58 844 euros) was 20 times higher than that of Bulgaria (2919 euros).

The disparities within the individual states are generally smaller than those between the states, but here too there are exceptions; for example, from 2009 to 2001 in Ireland, Italy and Spain there were pronounced differences in wealth between the southern and northern (or north-eastern) parts of the country. In addition, the capital city regions often have a significantly higher level of productivity and purchasing power than other parts of the country (example: the Czech Republic and Prague). For more information about the continent of Europe, please check cheeroutdoor.com.

Vatican City History

The establishment of Christianity in Rome The Vatican has been an independent and sovereign state since February 11, 1929 through the Lateran treaties. It forms the small remnant of the…

Greece History

Pre and early history Today’s Greek territory has been populated since the Paleolithic Age; around 3500 to 2800 BC there was the Neolithic Sesklo culture of Thessaly, an early farming…

Germany History

Pre and early history The area of ​​today’s Germany was populated in the earliest times. The remains of a representative of Homo sapiens, who lived here around 40,000 years ago…

France History

Pre and early history Archaeological finds in the area of ​​what is now France suggest that people lived here 100,000 years ago. Several cave paintings have been preserved from the…

Finland History

Early to middle ages Finland has been populated for around 9,000 years. Ancestors of the Sami (rags), who still inhabit the polar northern regions of Scandinavia, are believed to be…

Estonia History

Early and Middle Ages The first archaeological evidence on today’s territory indicates the existence of Estonian tribes more than 6,000 years ago. The Estonians, organized in loose tribal associations, were…

Denmark History

Country data Area: 42,925 km2 (world ranking: 130) Residents: 5,770,000 Population density: 134 per km2 (as of 2017, world ranking: 112) Capital: København (Copenhagen) Official languages: Danish Gross domestic product:…

Czech Republic History

Early to late antiquity As early as 500 BC inhabited Celtic tribes, in Bohemia the Bojer and in Moravia the Cotiner, the area of ​​today’s Czech Republic. Marcomans and Quads,…

Cyprus History

Beginnings Archaeological finds indicate that the island has been inhabited since the 7th millennium BC. there. Copper deposits were discovered here probably in the 3rd millennium. The name of the…

Croatia History

Antiquity to the Middle Ages The history of the Croatian territory was shaped in ancient times by the fact that it was in the border area between Europe and the…

Bulgaria History

Early to the Byzantine Empire Around 100,000 years ago, people lived on today’s Bulgarian territory. Agriculture was already practiced here in the Neolithic. In the Bronze Age, Thracian tribes settled…

Bosnia and Herzegovina History

Beginnings In the 1st millennium BC. Illyrian tribes settled the entire Balkans and thus also the area of ​​today’s Bosnia-Herzegovina. From around 400 BC Celtic peoples migrated from Central Europe….

Belgium History

Beginnings Around the 6th century BC. Celtic and Germanic tribes immigrated to the area of ​​what is now Belgium, which was used by the Romans in the so-called Gallic Wars…

Belarus History

Early history to the Middle Ages Archaeological finds in the Belarusian area refer to forms of settlement that already existed in the Stone Age. The region was one of the…

Barcelona Attractions and Tourist

Attractions in Barcelona The formal spice of attractions in Barcelona. No one can be here on vacation and say they did not find attractions and sights that did not suit…

Austria History

Early history to migration Both the Alpine countries and the plains of the Danube valley were already populated in prehistoric times. Salt and iron gave a Celtic population their economic…

Andorra History

Antiquity Today’s Andorra belongs to the 2nd century BC. and the 5th century AD like the entire Iberian Peninsula to the Roman Empire (Province of Hispania). The Visigoths followed the…

Albania History

Early to modern times Around 1000 BC Illyrians settled in what is now Albania. They founded the empire of Shkodra (now Skutari). After the domination of Macedonia, which the Illyrians…

Europe Top Tourist Countries

The fact that it is then easy to travel in Europe, especially in the Schengen area, does not make matters worse. You don’t have to travel over half the globe…