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 …