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Bank Austria sees euro zone as main risk for growth
Institute raises forecast for 2010 slightly to 3.1 percent
Bank Austria sees euro zone as main risk for growth / Picture: © Vindobona.org
Central and Eastern Europe (CEE) has, according to Bank Austria, so far survived the financial crisis quite well. The UniCredit subsidiary who is in charge for local business excluding Poland, has increased its forecast of economic growth in the region for this year by 0.3 percentage points to 3.1 percent.
As a main risk for the growth of the region, the bank quotes the main…
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