Economic Growth in CEE and Austria Remains Solid

Businessn.a. ♦ Published: April 6, 2011; 06:32 ♦ (Vindobona)

Concerning the equity markets as well as the economic circumstances, Raiffeisen Research is quite optimistic. In 2011, a further economic recovery is expected.

Economic Growth in CEE and Austria Remains Solid / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

Raiffeisen Research’s analysts expect the economic recovery in CEE as a whole to keep moving along in the first half of 2011. However, developments on the subregional level are likely to continue to be characterized by a multi-speed recovery. The forecasted 2011 and 2012 GDP growth rates for Central Europe (with the exception of Hungary), Russia and Ukraine are only somewhat lower…