RaboResearch - Economic Research

Country Report

Country Report Poland

Being hailed as the only EU country without a recession during the 2008/09 global financial crisis, all eyes are on Poland now that the economy is slowing.

Country Report

Country Report Hungary

Hungary’s economy fell back into recession last year and growth is expected to remain negative in 2013. Its government managed to keep the budget deficit below 3% of GDP, but very high foreign currency-denominated debt remains a major source of risk.

Country Report

Country Report Romania

Romania’s recovery from the crisis in 2009-2010, when GDP fell by 6.5%, has yet to gain pace. We expect the economy to have grown by a meager 0.2% in 2012. The slow growth is largely caused by the ongoing crisis in the eurozone and slow demand.

Country Report

Country Report Kazachstan

President Nazerbayev rules in an authoritarian manner and has no significant opposition. The banking sector remains weak as it is still recovering from a default of the country’s third largest bank. For 2013, the economy is estimated to grow by 7%.

Country Report

Country Report Ukraine

The political situation in the Ukraine is troubling, since President Yanukovych is ruling Ukraine in an authoritarian manner. The economy is in bad shape as the country is running twin deficits and in desperate need of additional external financing.