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Kotian: “Growth in CEE is Accelerating“

Published: January 20, 2014; 13:16 · (Vindobona)

In an interview with Austrian daily “Wirtschafts-Blatt”, CEE expert at Erste Group, Juraj Kotian, points out that the bond market is expected to see growth supported by the successful reduction of debts and high economic growth.

Despite the IMF’s concern about massive capital outflows from the CEE region, Erste Group is still forecasting a favorable outlook. The reason for the capital outflow is the withdrawal of foreign banks, as pointed out by Kotian. Moreover, the countries reveal massive current account balance surpluses and do not rely on external financing to cover a current account…

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Banking Industry, Erste Group, Leaders, Juraj Kotian, CEE Central Eastern Europe, Bond Market, BNR Romanian National Bank, ECB European Central Bank, Eurozone, Brussels, Poland, Slovakia, Hungary, Romania, Czech Republic, Monetary Policy, CNB Czech National Bank, USA, Economic Growth, Public Debts
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