In Central, East and Southeast Europe (CESEE) GDP is to pick up speed and grow on average by 2 to 3 percent over the forecast period 2014-2016: a major driving force rooted in an upward reversal of public and private investment.

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...

The present economic crisis bears all the familiar hallmarks of the financial, debt-related and structural aspects of a current accounts crisis. All these aspects have lasting level effects and recovery can be very protracted. Export-led growth was an important feature of the 2010-11 recovery...

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...