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€24B and Growing: CEE’s eCommerce Goes Global

by News Editor
April 14, 2025

Central and Eastern Europe (CEE) is no longer playing catch-up. Once seen as Europe’s digital underdog, the region is now making bold moves in online retail. With eCommerce growing by 12% in 2024 and on track to hit €124 billion, CEE has become one of the continent’s most compelling digital markets.

But behind the headline numbers lies a fierce battleground. As Chinese platforms like Temu, Shein, and AliExpress flood the market with ultra-low prices and speedy shipping, local retailers are forced to rethink everything—from pricing strategies to tech investments. The winners will be those who adapt fast, go cross-border, and build defensible brands. Everyone else risks being outpaced.

Under Pressure: A Marketplace In Flux

CEE’s digital economy is thriving, powered by faster internet, smartphone-first habits, and a younger, digitally fluent population. But the game is changing fast.

Chinese players are rewriting the rules of engagement. Temu, for example, has seen a 200% spike in European users in just a year, luring consumers with rock-bottom prices and frictionless shipping. Shein, with its addictive fast-fashion model, has captured the Gen Z audience across the region.

For CEE retailers, it’s a wake-up call: price wars are unwinnable. The path forward lies in brand differentiation, curated offerings, and a better customer experience.

Cross-Border Commerce: From Trend To Lifeline

Domestic eCommerce remains strong—but the real growth story is international. According to the 2024 CEE Ecommerce Survey by Mediaposte Hit Mail, cross-border purchases are expected to surge by 15% this year, reaching a record €24 billion. Over 70% of European consumers are already shopping from international platforms.

Faster delivery networks, improved payment systems, and the appeal of global products are fuelling this trend. But cross-border selling isn’t plug-and-play. Legal red tape, taxes, translations, and customer service expectations vary by market. Merchants that master this complexity will unlock exponential growth.

Platform Or Independence? The Great Marketplace Dilemma

One major strategic question hangs over every CEE eCommerce player: Should you build your brand on marketplaces, or own your sales channels?

According to Mediaposte’s survey:

  • 48% of merchants are active or planning to be active on marketplaces.
  • eMAG dominates in Romania, Bulgaria, and Hungary, with 50% of surveyed sellers using it.
  • Skroutz (Greece) and Amazon are key players offering regional reach.

Marketplaces offer reach, built-in traffic, and lower marketing overhead. But they also come with downsides: tight margins, limited brand control, and high competition. The smart play? A hybrid strategy—use marketplaces for scale, but invest in a standalone e-shop to build brand equity and customer loyalty.

Tech-Powered Retail: AI, Automation & What’s Next

As demand scales, so do operational challenges. That’s where technology steps in.

AI is helping merchants personalize shopping journeys, reduce cart abandonment, and automate follow-ups—solving a pain point that still costs retailers billions. Logistics automation, smart inventory tools, and integrated customer service are now standard requirements, not nice-to-haves.

Sustainability is also becoming a deciding factor for consumers. Nearly 73% of global shoppers, per Nielsen, now favor brands with eco-conscious practices. For CEE retailers, that means ethical sourcing, green packaging, and carbon-smart logistics are no longer optional—they’re expected.

The Winning Playbook For 2024

To thrive in the new era of CEE eCommerce, here’s what smart retailers are doing:

  • Move Fast – Don’t wait for the perfect system. Launch, learn, and iterate.
  • Go Global – Think beyond borders, optimize for compliance, and localize the experience.
  • Use Marketplaces, but Build Your Brand – Leverage their traffic, but don’t rely on them entirely.
  • Automate Everything – From warehousing to CX, automation is your scalability engine.
  • Think Green – Sustainability sells. Period.

CEE’s eCommerce Moment Is Now

The CEE region has stepped into the global eCommerce spotlight. Cross-border commerce is exploding, AI is rewriting retail operations, and sustainability is no longer just a buzzword—it’s a business imperative.

The race isn’t about who sells online. It’s about who adapts fast, scales smart, and builds for the long term. The question for CEE merchants isn’t whether to go digital. It’s how far—and how fast—they’re willing to go.

Because in this game, those who act now won’t just keep up—they’ll lead.

Strained Household Finances: Eurostat Data Reveals Persistent Payment Delays Across Europe and in Cyprus

by THEFUTURE.TEAM
November 22, 2025

Improved Financial Resilience Amid Ongoing Strains

Over the past decade, Cypriot households have significantly increased their ability to manage debts—not only bank loans but also rent and utility bills. However, recent Eurostat data indicates that Cyprus continues to lag behind the European average when it comes to covering financial obligations on time.

Household Coping Strategies and the Limits of Payment Flexibility

While many families are managing their fixed expenses with relative ease, one in three Cypriots struggles to cover unexpected costs. This delicate balancing act highlights how routine payments such as mortgage installments, rent, and utility bills are met, but precariously so, with little room for unplanned financial shocks.

Breaking Down Payment Delays Across the European Union

Eurostat reports that nearly 9.2% of the EU population experienced delays with their housing loans, rent, utility bills, or installment payments in 2024. The situation is more acute among vulnerable groups: 17.2% of individuals in single-parent households with dependent children and 16.6% in households with two adults managing three or more dependents faced payment delays. In every EU nation, single-parent households exhibited higher delay rates compared to the overall population.

Cyprus in the Crosshairs: High Rates of Financial Delays

Although Cyprus recorded a notable 19.1 percentage point improvement from 2015 to 2024 in delays related to mortgages, rent, and utility bills, the island nation still ranks among the top five countries with the highest delay rates. As of 2024, 12.5% of the Cypriot population had outstanding housing loans or rent and overdue utility bills. In contrast, Greece tops the list with 42.8%, followed by Bulgaria (18.7%), Romania (15.3%), Spain (14.2%), and other EU members. Notably, 19 out of 27 EU countries reported delay rates below 10%, with Czech Republic (3.4%) and Netherlands (3.9%) leading the pack.

Selective Improvements and Emerging Concerns

Between 2015 and 2024, the overall EU population saw a 2.6 percentage point decline in payment delays. Despite this, certain countries experienced increases: Luxembourg (+3.3 percentage points), Spain (+2.5 percentage points), and Germany (+2.0 percentage points) saw a rise in payment delays, reflecting underlying economic pressures that continue to challenge financial stability.

Economic Insecurity and the Unprepared for Emergencies

Another critical indicator explored by Eurostat is the prevalence of economic insecurity—the proportion of the population unable to handle unexpected financial expenses. In 2024, 30% of the EU population reported being unable to cover unforeseen costs, a modest improvement of 1.2 percentage points from 2023 and a significant 7.4 percentage point drop compared to a decade ago. In Cyprus, while 34.8% still report difficulty handling emergencies, this marks a drastic improvement from 2015, when the figure stood at 60.5%.

A Broader EU Perspective

Importantly, no EU country in 2024 had more than half of its population facing economic insecurity—a notable improvement from 2015, when over 50% of the population in nine countries reported such challenges. These figures underscore both progress and persistent vulnerabilities within European households, urging policymakers to consider targeted measures for enhancing financial resilience.

For further insights and detailed analysis, refer to the original reports on Philenews and Housing Loans.

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