Die jüngsten Statistiken deuten auf ein weiterhin robustes BIP-Wachstum in den meisten Ländern Mittel‑, Ost- und Südosteuropas (MOSOEL) hin. Der konjunkturelle Höhepunkt scheint allerdings bereits überschritten zu sein. Einerseits lässt die Dynamik der privaten Konsumnachfrage leicht...

The protracted recession in the euro area will continue to be a drag on the economic growth of most CESEE countries in 2013. By and large, those countries are small open economies held hostage to the excessive fiscal austerity pursued in the euro area and the sluggish progress on the part of its...

On the whole, 2012 was a disappointing year for the economies of Central, East and Southeast Europe (CESEE), confirming fears of a double-dip recession in the euro area adversely impacting large parts of the CESEE region. This rather poor performance stands in sharp contrast to the better...