CEE: Raiffeisen Remains Optimistic

Businessn.a. ♦ Published: January 12, 2011; 00:07 ♦ (Vindobona)

The analysts of the Austrian Raiffeisen International Bank give Austria and the CEE good growth prospects. However, there still remain known risks.

CEE: Raiffeisen Remains Optimistic / Picture: © Vindobona.org

Raiffeisen International Bank (RBI) presents its 2011 quarterly forecast. According to the chief economist of the RBI, Peter Brezinschek, the RBI retains its optimism about the development of the economy and the stock markets in Austria and the CEE region. Despite the debt problems affecting the countries in the east, positive signs prevail.

The GDP growth forecasts for the CEE…