EU’s East Braced for Sanctions Pain With GDP Set to Slide

The European Union’s biggest eastern economies are flagging as escalating sanctions against Russia and retaliation from President Vladimir Putin exacerbate the euro area’s stuttering recovery from a record slump.

Poland probably grew 0.5 percent from the previous three months in the second quarter, less than half the pace of the January-March period, according to a Bloomberg survey. Czech expansion probably slowed to 0.3 percent from 0.8 percent, while Hungary’s decelerated to 0.7 percent from 1.1 percent, separate surveys show. The three nations report the data tomorrow.