This study provides a first analysis of the recent development in infrastructure investment in the Western Balkans. It identifies infrastructure gaps as well as key infrastructure initiatives in the region, outlines the political dimension and provides the respective detailed infrastructure...

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...