No Common Trend for CEE-Countries

BusinessEconomy ♦ Published: September 13, 2011; 15:15 ♦ (Vindobona)

Regarding economic growth, prospects for CEE countries have worsened slightly. However, the region remains heterogeneous.

No Common Trend for CEE-Countries / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

The OECD expects a slowdown for CEE-countries within the next months. This is mainly due to the global downturn of the economy, but especially of Germany. Insecurities and the global debt crisis are the driving factors for this trend reversal.

“Especially those countries, which are closely linked to the Euro-zone, are endangered to experience a downturn.”, says Gunter Deuber…