Country Report
After two years of GDP contraction, Croatia’s economy stagnated in 2011, growing by a meager 0.2%. For 2012, the situation in the eurozone, Croatia’s main export market, and sluggish domestic demand are expected to result in another recession.
Country Report
Estonia made a swift recovery from the global crisis and its own real estate crisis that shook the economy in 2009. In 2011, the economy grew by 7.5%. The ongoing turmoil in the eurozone is expected to affect Estonia’s small and open economy.
Country Report
After growing strongly with 4.3% in 2011, the economy of Poland is expected to slow to a still respectable 2-3% in 2012. Considering the sovereign-debt-sensitive market is continuation of current fiscal consolidation important.
Country Report
Serbia's external position remains weak, while the position of the government is also vulnerable, reflected by sizable fiscal deficits and public debt.
Country Report
The external financing risks for the Ukraine have markedly risen, since the IMF has discontinued disbursements under the two and a half year lending program of USD 15.2bn signed in July 2010. In 2012, economic growth is expected to slow to 2.5%.
