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wiiw Current Analyses and Forecasts
(starting with February 2008)

FC8_PPT Recovery: Limp and Battered (press conference presentation in German)
wiiw Press Conference, 7 July 2011, 10 a.m.
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Countries covered: Albania, Bosnia and Herzegovina, Bulgaria, Central, East and Southeast Europe, CIS, Croatia, Czech Republic, Estonia, European Union, Hungary, Kazakhstan, Latvia, Lithuania, Macedonia, Montenegro, New EU Member States, Poland, Romania, Russia, SEE, Serbia, Slovakia, Slovenia, Turkey, Ukraine, Visegrad countries, Wider Europe

Topics: International Trade, Competitiveness and FDI, Macroeconomic Analysis and Policy

The Vienna Institute for International Economic Studies (wiiw) has just published its latest Analyses and Forecasts.
The report, titled Recovery: Limp and Battered, analyses current economic situation and medium-term forecast for the countries of Central, East and Southeast Europe.

In 2011 the recovery will encompass all countries in the CESEE region – even the laggards that did not grow in 2010. However GDP growth will not accelerate much in countries where the recession ended already in 2010. Later on, GDP growth rates will stabilize throughout the whole region at around 4 to 5 per cent, less than the levels recorded prior to the crisis. These are the main results of the new medium-term forecast for the region published by the Vienna Institute for International Economic Studies (wiiw).

German:
Konjunkturbericht und Prognose für Mittel-, Ost- und Südosteuropa
Schwache Erholung mit blauen Flecken
wiiw-Pressefrühstück, 7. Juli 2011

Im Jahr 2011 ist für alle mittel-, ost- und südosteuropäischen Länder (MOSOEL) mit einer wirtschaftlichen Erholung zu rechnen – auch für jene Nachzügler, die 2010 noch nicht gewachsen sind. Das BIP-Wachstum wird sich jedoch in jenen Ländern, in denen die Rezession bereits 2010 endete, nicht stark beschleunigen. Im weiteren Verlauf werden sich die BIP-Wachstumsraten in der gesamten Region bei ungefähr 4 bis 5 Prozent stabilisieren, d.h. unter dem Vor-Krisen-Niveau. Dies sind die wichtigsten Ergebnisse der neuen mittelfristigen Prognose des Wiener Instituts für Internationale Wirtschaftsvergleiche (wiiw).
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