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“2013 will be a better growth year for CEE than 2012”
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Unlike 2012 the new year starts with much less financial stress and easier monetary policy. Central and Eastern Europe has still considerable potential to outperform EMU, differentiating on domestic policies, Bank Austria says.
“2013 will be a better growth year for CEE than 2012” / Picture: © Vindobona.org
Although working through the collateral damage from the EMU crisis and a broader global slowdown will take some time, 2013 should become a better growth year for CEE than 2012. This is one of the key findings of the latest “CEE Quarterly” published by UniCredit´s Economics & FI/FX Research. After the 2008/09 crisis the last year has brought another downgrade of potential growth…
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