Recently in Bulgaria unemployment has reached a high. Bulgaria is the poorest country in the EU and although many people leave the area for work and live abroad, the value of remittances is increasing. It is said that 30% of the economy isn't recorded and people find life there miserable. In February of 2016 10.19% of the population was unemployed. In the Ukraine, unemployment rates are climbing as well. This is a result from all the political change this country has been experiencing in recent years.
Russia is experiencing an increase in poverty levels. When oil prices dropped in 2013 a lot of damage was done to the economy and there still hasn't been a recovery. This drastic change in the economy can lead to a plunge in living standards and quality of life. Still, there are citizens receiving large incomes, this is an example of inequality in society. In contrast, other groups are raising a family on just enough money to barely survive.
Recovering from the severe shock of the recent global financial crisis, Romania continues to place a high priority on restoring fiscal sustainability and improving competitiveness by easing and rationalizing the regulatory burden. Modest economic growth has resumed, and the government has made progress in reducing the public debt and budget deficit. The pace of privatization and restructuring of state-owned enterprises has slowed, yielding mixed results.