CEE Remains Europe’s Growth engine Despite Slow-Down

BusinessEconomy ♦ Published: September 28, 2012; 13:15 ♦ (Vindobona)

CEE with 2012 GDP growth of 2.4 per cent – GDP in Eurozone to shrink to minus 0.5 per cent in 2012 . In terms of reforms, CEE tops Eurozone peripherals

CEE Remains Europe’s Growth engine Despite Slow-Down / Picture: © Flickr

“We witness that Central and Eastern Europe (CEE) generally and particularly its currencies become increasingly attractive for investors – especially compared to the Eurozone and the euro,” states Gunter Deuber, head of CEE Research at Raiffeisen Research, a unit of Raiffeisen Bank International AG (RBI). He sees the reasons for these developments in the fact that since 2009 most…

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