This report revisits the growth and convergence performance of the 11 EU member states in Central, East and Southeast … growth. The findings show that convergence has significantly slowed since the global financial crisis, with value added … growth declining in virtually all industries. This slowdown is attributed to structural rather than cyclical factors, with …

conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper … reduction in growth volatility, of more than 50%, in the agricultural sector, and a gradual stabilization in services. On the … expenditure side, private consumption and investment have also stabilized considerably. Most of the decline in aggregate growth …

reduce the fiscal deficit and public debt) in euro area (EA) countries. The focus is on analysing the growth effects of …-2009); and the euro crisis (with a specific focus on the 2011-2013 period). The empirical evidence on the growth effects of … fiscal consolidation shows that while fiscal adjustments are contractionary, the negative growth effects were particularly …

branches and access to credit by the private sector are vital ingredients of sustainable economic growth in both countries …