union, euro, bonds’ buyout Countries covered EU Topics Macroeconomic Analysis and Policy Trade does not drive global growth …

Summary Despite near stagnation in the euro area and the negative impact of the Ukraine crisis, in most of the NMS … the NMS will grow by 1.8 percentage points higher than expansion in the euro area and 1.3 pp above the EU-28 average. In … 2015, the gap in favour of NMS growth performance will become somewhat narrower 1.5 pp relative to the euro area and 1.1 pp …

have the potential to spur subsequent private investment, improving growth prospects in the euro area, the CESEE economies …

have the potential to spur subsequent private investment, improving growth prospects in the euro area, the CESEE economies …

External determinants Two key factors currently affect the economic prospects of CESEE the crisis in the euro area and …’ regulations/directives enacted ‘in Brussels’. The economic crisis in the euro area is perceived as being primarily about possible … insolvencies of peripheral euro area countries. The range of possibilities opened up by sovereign insolvencies is vast. However, a …

Summary The protracted recession in the euro area will continue to be a drag on the economic growth of most CESEE … in the euro area and the sluggish progress on the part of its policy-makers in adequately addressing the structural roots … the euro area. These are the main results of the newly released medium-term growth forecast for the region by the Vienna …