Southeast Europe (SEE) has been lagging in transition and development. For political, security and institutional reasons, it has developed in a non-standard way. However, the prospects for reforms and growth are now better than they have been in a decade, if not longer. There are positive...

Almost a year after the end of the Kosovo conflict, South Eastern Europe remains a volatile, insecure and economically depressed region. Post-conflict reconstruction has not spurred growth, unemployment has risen and security tensions in Kosovo and Montenegro persist. Bosnia and Herzegovina...

Graph of the month Dependence of selected European countries on gas imports from Russia, 2012, in % (p. 1) Some lesser known facts about Ukraine’s foreign trade (by Peter Havlik; pp. 2-5) Opinion corner Russia and Ukraine – three questions, nine answers (by Vasily Astrov, Vladimir Gligorov...

Russian Federation signs of fragile recovery (by P. Havlik; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Austria, Russia Topics Macroeconomic Analysis, Forecasts and Policy Ukraine ongoing credit crunch (by V. Astrov; pp. 4-6) Keywords economic forecasts, GDP...

Bulgaria growing economy, widening external deficit (by Anton Mihailov) Countries covered Bulgaria Romania becoming attractive for investors (by Gábor Hunya) Countries covered Romania Croatia worsening external imbalances (by Hermine Vidovic) Countries covered Croatia Macedonia growth returns...

Russian Federation growing economy, deteriorating politics (by Peter Havlik, pp. 1-4) Countries covered Russian Federation Topics Macroeconomic Analysis, Forecasts and Policy Ukraine the time of big business returns (by Vasily Astrov, pp. 5-7) Countries covered Ukraine Topics Macroeconomic...

Ukraine, the European Union and EU Eastern enlargement (by Vasily Astrov) Countries covered Ukraine, European Union Household tax compliance in Central, East and Southeast Europe (by Edward Christie and Mario Holzner) Countries covered SEE, CEE Optimal currency areas in transition (by Vladimir...

Poland growth dividend not high enough for Maastricht fiscal criterion to be met (by Maciej Krzak, pp. 1-4) Countries covered Poland Topics Macroeconomic Analysis, Forecasts and Policy Fast growth in the Baltic countries continues (by Adalbert Knöbl, pp. 5-8) Countries covered Baltic States...

Bulgaria steady growth (by Anton Mihailov) Countries covered Bulgaria Croatia trade deficit high again (by Hermine Vidovic) Countries covered Croatia Czech Republic after the flood (by Josef Pöschl) Countries covered Czech Republic Hungary growth driven by domestic demand (by Sandor Richter)...

Measuring the corporate tax burden (by Roman Römisch) Countries covered Czech Republic, Hungary, Poland, Slovakia, Slovenia, European Union Topics Macroeconomic Analysis, Forecasts and Policy Productivity catching-up and labour demand employment projections for NMS and CC 2 (by Robert Stehrer)...