Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation … positive growth figures recorded by the global economy as a whole. Central and Eastern Europe, together with Russia, Ukraine … instability. Finally, despite high GDP growth, structural distortions still characterize both Russia and Ukraine, whose economies …

recorded in Serbia and Montenegro. Russia and Ukraine performed very well, registering significant and balanced growth. The … much more essential structural changes in the composition of exports have certainly continued. For Russia, external … combined effects of those impacts cannot yet be reliably quantified. Russia's and Ukraine's GDP growth is likely to slow down …

Albania the importance of being aside (by M. Holzner, pp. 1-3) Keywords economic forecasts, GDP growth, inflation … constellations (by J. Pöschl, pp. 4-7) Keywords economic forecasts, GDP growth, inflation Countries covered Bosnia and Herzegovina …. 8-9) Keywords economic forecasts, GDP growth, inflation Countries covered Kazakhstan Topics Macroeconomic Analysis …

Russia in the global financial storm (by P. Havlik, pp. 1-4) Keywords economic forecasts, GDP growth, inflation … Countries covered Russia Topics Macroeconomic Analysis, Forecasts and Policy Ukraine 'hard landing' in sight (by V. Astrov, pp …. 5-7) Keywords economic forecasts, GDP growth, inflation Countries covered Ukraine Topics Macroeconomic Analysis …

countries of Central and Eastern Europe and Southeast Europe including Turkey, together with Russia, Ukraine, Kazakhstan and …

climate and expect the SEE-7 to return to higher growth by the year 2010. Inflation has calmed down, but it is still a matter …. Inflation calms down The whole region was hit by the external price shock that swiftly resulted in a rapid surge in domestic … restricting production. Authorities in the countries of Central, East and Southeast Europe seem to be taking the current inflation …

. Macroeconomic stability will be maintained, though inflation is picking up; and is a serious problem in Serbia and Romania …. Inflation is a major concern in Turkey, as is macroeconomic stability more fundamentally. At the end of 2006 it should be … accession may be postponed yet again; it is unclear what course future EU Russia relations will take. In Ukraine the slowdown in …

, the Slovak Republic, Slovenia, Serbia and Montenegro, Romania, Russia, Turkey, Ukraine, and China). A short analysis of …, the robust growth in Russia may be a thing of the past. Already in 2004 investment growth was disappointing, reflecting …

(except in Hungary). Inflation slowed down to very low levels and is no longer a serious problem. Hungary and Slovakia will … Serbia, which has seen accelerating inflation, and Romania, where disinflation has been interrupted. The downside to that is … still facing policy challenges and that adds to the volatility rather than sustainability of its growth prospects. Russia …

Macedonia), as well as in Belarus and Ukraine (Russia's GDP grew by 7% again). The transition economies have thus been one of … to EU accession and rising energy prices), inflation resumed its downward trend, reaching low single digits in most NMS … (except Slovakia) and in the remaining transition countries as well (except Romania, Serbia and Ukraine). Russian inflation …