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CEE: Investments to Boost Economic Growth

Politics ♦ Published: March 13, 2014; 16:31 ♦ (Vindobona)

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In the coming two years economic growth in Eastern Europe is expected to accelerate to an average of two to three percent of GDP triggered by a boost in investments.

Investments in CEE are expected to bring new economic impulses. / Picture: © Vindobona.org

This is the outcome of the recently published spring prognosis of the Vienna Institute for Economic Studies (WIIW).

“During the continuing economic crisis public investments were cut dramatically,” Mario Holzner, expert at WIIW, explained. However, now a number of major projects, which are supposed to bring new impulses, are planned in several countries. Many of the new…