CESEE: Slight Growth Acceleration, but Uncertainties Persist

Businessn.a. ♦ Published: November 28, 2013; 21:03 ♦ (Vindobona)

The Vienna Institute for International Economic Studies (wiiw) has published the economic forecast for the CESEE region today. The economic performance varies substantially from country to country.

CESEE: Slight Growth Acceleration, but Uncertainties Persist / Picture: © Vindobona.org

The outlook for the Central, East and Southeast European (CESEE) countries– most of which are small and open economies – is crucially dependent on the acceleration of recovery in the euro area and particularly in Germany. Otherwise, the cross-country differences in economic performance will be to a large extent due to the differences in the fiscal policies pursued. Budget…