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 … current account has widened. Unemployment is high, a fact that will not change substantially during the next few years …. Inflation calms down The whole region was hit by the external price shock that swiftly resulted in a rapid surge in domestic …

weak rebound of economic activities, unemployment will continue to rise, probably peaking in 2010, before falling slowly to …

down from about 6% in 2007 to some 5% per year over the period 2008 2010. Inflation will gradually decline, yet in most NMS … labour market has improved dramatically, unemployment has declined rapidly. The economic growth is no longer 'jobless'. On …

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

has deteriorated again and unemployment rates especially for young people have markedly increased. The outlook for the …

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 …

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 … policy rests supports deflationary/stagnation tendencies in low-inflation/low-growth countries and bolsters booms/inflation …