CESEE: Russia Has Best Growth Prospects

BusinessEconomy ♦ Published: November 26, 2012; 17:27 ♦ (Vindobona)

Next year, Russia is expected to record a GDP growth rate of 3.8%, Vienna Institute of International Economic Studies (wiiw) says.

CESEE: Russia Has Best Growth Prospects / Picture: © Vindobona.org

At the moment, CESEE countries show a highly heterogeneous situation. Russia, Slovakia, and Poland are the best performers. Slovenia and Croatia will need some more time to overcome the economic crisis, wiiw states.

This year, Russia is anticipated to record a growth rate of 3.6%. Next year, GDP growth will come at 3.8%. In 2014, an economic growth rate of 4.2% is forecasted by…