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EBRD Sees Mixed Outlook for CESEE Countries in 2015-16

Published: May 14, 2015; 21:00 · (Vindobona)

The outlook for economies in central and south eastern Europe is improving on the back of eurozone monetary easing but prospects further to the east of the transition region have worsened, as the impact of Russia’s recession intensifies.

Outlook in CESEE is improving on the back of eurozone monetary easing / Picture: © European Bank for Reconstruction and Development

The 2015 outlook for the EBRD region has remained broadly unchanged since the EBRD's last forecast in January and the EBRD still expects overall stagnation, with however increasingly diverging sub-regional trends.

Growth in 2015 is expected to reach almost 3 per cent in Central Europe and the Baltics (CEB) and also improve in South-Eastern Europe (SEE) thanks to the European…

This article includes a total of 488 words.

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