rising, thus making room for a more balanced overall GDP growth. Industrial production will continue to expand rapidly in …-empts excessive adjustments. The labour market situation is improving across most NMS and accession countries as accelerated GDP … for the rest of the Balkans to join the EU by 2015. Russian GDP growth is slowing down as the real sector weakens …

projections of per capita GDP until 2015 are attached. The high growth recorded in 2004 has been generally slowing down in the … first months of 2005. The average GDP growth rate for the eight new EU member states (NMS) in the first quarter of 2005 … continues to perform excellently. Foreign trade has been even more instrumental in generating GDP growth in the first quarter of …

investment. The positive contribution of net exports to GDP growth is expected to continue in 2006-2007. Besides, rising private …. Rising consumption was the main contributor to GDP growth in this region. That was partly the consequence of the increased …'s GDP increased by about 6% in 2005. The main driver of growth was rising domestic demand while the contribution of real net …

new EU member states of Central and Eastern Europe (NMS-8) recorded higher GDP growth (5% on average) than in the previous … Macedonia), as well as in Belarus and Ukraine (Russia's GDP grew by 7% again). The transition economies have thus been one of … their aggregate trade balance slightly deteriorated (in fact foreign trade contributed positively to GDP growth in Poland …

Romania (which joined the EU on 1 January 2007) was also accelerating throughout 2006. Everywhere, except Hungary, GDP growth … has been driven predominantly by domestic demand. External trade, which significantly boosted GDP growth in a number of … forecasts of the GDP in individual NMS in 2007 and 2008 are looking very good. It is expected that household consumption will …

the economic balance of the first three years is a clear success for the whole EU. Over the period 2001-2003 GDP in the … that in 2001-2003 the NMS reduced the gap in per capita GDP in relation to the EU average by 2.7 p.p., and the pace of … growth looks sustainable. Industrial production, a weak sector traditionally, grows faster than GDP, except in Montenegro …

hurt directly or seriously. Even the possible indirect effects should not be too severe. GDP growth is projected to slow … European region to enjoy faster GDP growth in 2009 and 2010 of up to 6%. Remittances and a credit boom will continue to fuel …

morale could help both to understand and to fight tax evasion. In this paper we analyze the effect of progressive taxation on …