pronounced as long as employment fails to grow. Investment will not act as a strong engine of growth either. Given the generally … weak rebound of economic activities, unemployment will continue to rise, probably peaking in 2010, before falling slowly to …

their external competitiveness - via devaluation and/or cuts in employment. On account of their solid industries, they … competitiveness. Furthermore, their weak industrial sectors remain an obstacle to export-led growth. Unemployment still on the rise … Most CESEE countries have been recently shedding labour and unemployment is on the rise - a belated consequence of the …

Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation …, unemployment and current accounts in 2004 and 2005. The report is supplemented by an analysis of the challenges posed by European … Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia. A challenge to the enlarged Union's (EU …

era of permanent stagnation with high and rising unemployment. Euro area enters recession, CESEE to follow? Given the …

employment. Furthermore, patterns of adjustment across CESEE economies vary greatly, with some countries (such as Croatia … dampens consumption expenditures, and leads to cutbacks in employment (and wages), which, in turn, lower household incomes and … markets of the CESEEs and the situation of the banking sector respectively. Towards the end of 2011 the employment situation …

unemployment will remain high, with young and low-skilled workers being especially adversely affected, and any improvement only … gradual and delayed. Inflation rose throughout 2010 as food and commodity prices soared; in general, however, it will pose no …

rising efficiency has been rising unemployment. Double-digit unemployment rates have now become a rule. Apart from the truly … disastrous labour market situation in several countries of former Yugoslavia, unemployment has recently acquired dramatic … improvement. And even more than in the rest of Europe, the CEECs' unemployment patterns display distinct regional, gender, age and …

unemployment rates over the medium term. However, substantial downward risks include possible effects from the current Russia …