The report analyses recent economic developments and short- and medium-term development prospects, covering the countries of Central and Eastern Europe and Southeast Europe including Turkey, together with Russia, Ukraine, Kazakhstan and China. Separate chapters present an overview of...

A few reflections on fiscal and monetary policy in the euro area (by J. Pöschl; pp. 1-3) Keywords fiscal policy, monetary policy, euro area Countries covered EU Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Unit labour costs, exchange rates and responses...

Graph of the month Oil price and exchange rate of the Russian rouble, 2008-2014 (p. 1) Opinion corner Is Jean-Claude Juncker's EUR 315 billion European investment plan the proper answer to the EU's anaemic economic performance? (by Sándor Richter, Roman Römisch and Roman Stöllinger; pp. 2-4)...

Current situation of the global economy challenges and potential consequences for Central, East and Southeast Europe (by P. Havlik and J. Pöschl, pp. 2-5) Keywords global economy, financial instability Countries covered Wider Europe, OECD, CIS Topics Macroeconomic Analysis, Forecasts and Policy...

New EU member countries joining the euro zone the criteria of demonstrable maturity (by Josef Pöschl) Countries covered New EU Member States Moldova Europe's poorhouse (by Roman Römisch) Countries covered Moldova Assessing the demand for food in Europe by the year 2010 (by Leon Podkaminer)...

Albania good quarters, bad quarters (by M. Holzner; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Albania Topics Macroeconomic Analysis, Forecasts and Policy Bosnia and Herzegovina moderately depressed economy in a climate of political uptightness (by J. Pöschl;...

Albania candidate? not yet (by Mario Holzner; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Albania Topics Macroeconomic Analysis and Policy Bosnia and Herzegovina slow motion mode perpetuating (by Josef Pöschl; pp. 4-6) Keywords economic forecasts, GDP growth,...

European Transition Economies World-wide Slowdown of Growth of Limited Impact In all European transition economies discussed in this article, the GDP grew in both 2000 and 2001. The only exception was Macedonia in 2001, due to a serious political crisis. In those countries that in the past...

CEECs on Track for Economic Growth More or less all Central and East European transition countries (CEECs) experienced an economic downturn in 1998, which bottomed out in the winter of 1998-99. Year-on-year GDP data point to decelerated growth in the fourth quarter 1998 and in the first quarter...

The present economic crisis bears all the familiar hallmarks of the financial, debt-related and structural aspects of current account crises. All these aspects have lasting level effects and recovery can be very protracted. Export-led growth was an important feature of the recovery period...