some moderate slowdown in Romania, Bulgaria, Croatia, Hungary, Slovenia and Slovakia. A definite growth slowdown was only …

Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation … membership are heterogeneous. Three of them, Bulgaria, Croatia and Romania, have acquired candidate status; their economies are …

medium run. There has been a continuous decline in inflation. In most cases the disinflation is gradual and appears to be …

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 … remaining inflation differential with respect to the eurozone, magnified by a natural appreciation tendency of NMS currencies …

are added (covering Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Macedonia, Poland … accession of Bulgaria and Romania is beyond dispute, possibly with a one-year delay. Despite high world market commodity prices …

(except in Hungary). Inflation slowed down to very low levels and is no longer a serious problem. Hungary and Slovakia will … faster in Romania, Bulgaria and Albania. Price stability and fiscal balance have mostly been preserved, except in the case of … Serbia, which has seen accelerating inflation, and Romania, where disinflation has been interrupted. The downside to that is …

positive. We expect similar outcomes for the next enlargement that will bring in Romania and Bulgaria. Growth, driven primarily …. Macroeconomic stability will be maintained, though inflation is picking up; and is a serious problem in Serbia and Romania …. Inflation is a major concern in Turkey, as is macroeconomic stability more fundamentally. At the end of 2006 it should be …

Fast economic growth - in excess of 5% per year - continues in most New EU Member States (NMS). Growth in Bulgaria and … NMS in 2005, has been losing significance and continues to be a drag on growth in Bulgaria and Romania. wiiw growth … contribution of trade to GDP growth. This contribution is likely to be negative in the 'old' NMS, but small. In Bulgaria and …

stability indicators – inflation, current account status and fiscal balance – reveal a more differentiated and less favourable … Republic, Poland, Bulgaria and Romania, as well as in the Baltic States. Investments will boom in Poland, Slovenia, Bulgaria … countries of the region, especially in terms of the tight labour market. There are clear signs of overheating in Bulgaria …