Updated wiiw forecasts for 2004 and 2005 (by Peter Havlik and Leon Podkaminer) Bulgaria economy keeps growing fuelled by credit expansion (by Anton Mihailov) Countries covered Bulgaria Romania booming, but cumbersome years ahead until EU accession (by Gábor Hunya) Countries covered Romania...

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...

Terms of trade effects and Russian economic growth (by P. Havlik, pp. 1-4) Keywords Russia, economic growth, terms of trade Countries covered Russia Topics Macroeconomic Analysis, Forecasts and Policy; International Trade and Competitiveness; Energy Poland the national stock exchange game...

Iraq crisis, oil price and economies in transition (by Vasily Astrov) Countries covered Iraq Iraq and the Balkans (by Vladimir Gligorov) Countries covered Iraq, Balkan States Structural change and productivity growth in Central and Eastern Europe (by Peter Havlik) Countries covered CEE Poland's...

Graph of the month Europe Brent Spot Price, fob per barrel, in current USD and euro and real year 2005 euro (p. 1) Opinion corner Russia-Ukraine conflict do Western sanctions have any effect? (by Vasily Astrov, Vladimir Gligorov, Peter Havlik, Michael Landesmann and Olga Pindyuk; pp. 2-6)...

Graph of the month Dependence of selected European countries on gas imports from Russia, 2012, in % (p. 1) Some lesser known facts about Ukraine’s foreign trade (by Peter Havlik; pp. 2-5) Opinion corner Russia and Ukraine – three questions, nine answers (by Vasily Astrov, Vladimir Gligorov...

Russian Federation signs of fragile recovery (by P. Havlik; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Austria, Russia Topics Macroeconomic Analysis, Forecasts and Policy Ukraine ongoing credit crunch (by V. Astrov; pp. 4-6) Keywords economic forecasts, GDP...

Czech Republic slow growth, a sign of strength? (by Josef Pöschl) Countries covered Czech Republic Hungary getting out of the deficit trap? (by Sándor Richter) Countries covered Hungary Poland strong exports, continuing fiscal disarray (by Leon Podkaminer) Countries covered Poland Russian...

Russian Federation growing economy, deteriorating politics (by Peter Havlik, pp. 1-4) Countries covered Russian Federation Topics Macroeconomic Analysis, Forecasts and Policy Ukraine the time of big business returns (by Vasily Astrov, pp. 5-7) Countries covered Ukraine Topics Macroeconomic...

Political turmoil and early elections in Bulgaria (by Rumen Dobrinsky; pp. 1-4) Keywords Bulgaria, elections Countries covered Bulgaria Topics Other A revival of industrial policy as a growth model for Russia? (by Peter Havlik; pp. 5-6) Keywords industrial policy, growth model Countries covered...