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On the whole, 2012 was a disappointing year for the economies of Central, East and Southeast Europe (CESEE), confirming fears of a double-dip recession in the euro area adversely impacting large parts of the CESEE region. This rather poor performance stands in sharp contrast to the better...
Persistent link: https://www.econbiz.de/10010663867
The Central and East European Countries (CEECs) have begun to show signs of more or less brisk economic recovery. It may, however, take time until their economies will have offset the severe setback they had to face between October 2008 and March 2009. The degree to which individual CEECs...
Persistent link: https://www.econbiz.de/10008523794
The current global financial and economic crisis has been spilling over to the Central and Eastern European coun-tries (CEECs). After several years of economic prosperity in most of these countries, activities of the real economy have slowed down. The crisis has reached the region on two tracks....
Persistent link: https://www.econbiz.de/10004995191
The economic recovery in the EU 15 in 2006 resulted in an acceleration of growth in Central and Eastern European countries (CEECs), particularly in the new EU member states of Central Europe. Helped by the recent massive inflows of FDI, these countries have become serious competitors on the...
Persistent link: https://www.econbiz.de/10004995209
Economic growth in Central and East European countries (CEECs) in 2007 was driven primarily by the strong domestic demand, especially for consumer goods. The latter resulted from both higher incomes (particularly in Central Europe's new EU countries) and expanding household credit (elsewhere),...
Persistent link: https://www.econbiz.de/10005001100
The outlook for the world economy improved in the course of 2010 and the recovery has now gained strength in the EU as well. The Central, East and Southeast European (CESEE) countries have also recovered from the crisis; most of them recorded GDP growth rates. On average, their exports have been...
Persistent link: https://www.econbiz.de/10009140838
Following the upward trend registered by the construction industry in Europe in the late 1990s (+3.5 percent in 1999, +2.5 percent in 2000), growth came to an abrupt stop in 2001, against the background of an overall economic downturn. Building production stagnated and is expected to grow at a...
Persistent link: https://www.econbiz.de/10004978457