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The dynamics of Austria's economic relations with the EU Eastern Partnership (EaP) countries - Armenia, Azerbaijan …, Belarus, Georgia, Moldova and Ukraine - and with Russia have deviated from those of the EU in several important ways. During … the decade preceding the war in Ukraine, Austrian trade with the region generally developed less dynamically than EU trade …
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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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