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Growth of CEE Region Under Threat from Eurozone Crisis

Published: October 18, 2011; 18:35 · (Vindobona)

The EBRD research is predicting a slow-down in emerging Europe’s economic growth next year with the continuing eurozone sovereign debt crisis posing challenges to recovery from the 2008-09 global financial crisis.

Growth of CEE Region Under Threat from Eurozone Crisis / Picture: © Vindobona.org

The EBRD’s latest Regional Economic Prospects report underlines that economic fundamentals in the region are stronger in several respects than before the onset of the crisis. But it notes that increased stress in the eurozone could have an even more severe impact on emerging Europe this time around. The latest forecasts assume a protracted but ultimately contained eurozone debt…

This article includes a total of 417 words.

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