(except in Hungary). Inflation slowed down to very low levels and is no longer a serious problem. Hungary and Slovakia will … unemployment rates have stabilized. Exports of goods and services grew strongly throughout the region, while imports expanded even … Serbia, which has seen accelerating inflation, and Romania, where disinflation has been interrupted. The downside to that is …

average rate of unemployment in the NMS is nearly twice as high as in the EU-15 (mainly on account of Poland and Slovakia); in … to EU accession and rising energy prices), inflation resumed its downward trend, reaching low single digits in most NMS … (except Slovakia) and in the remaining transition countries as well (except Romania, Serbia and Ukraine). Russian inflation …

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