Monthly Report No. 7-8/2017

Central, East and Southeast Europe Recent Economic Developments and Forecast Table Overview 2015-2016 and outlook 2017-2019 (pp. 1) Figures GDP growth in 2016-2017 and contribution of individual demand components in percentage points, EU-CEE, Western Balkans + Turkey, CIS + Ukraine (p. 2) Albania Growth forges ahead (by Isilda Mara; p. 3) Belarus On the road to recovery (by Rumen Dobrinsky; p. 4) Bosnia and Herzegovina Broad-based pick-up in growth (by Richard Grieveson; p. 5) Bulgaria An on-going economic revival (by Rumen Dobrinsky; p. 6) Croatia Economy overshadowed by Agrokor troubles (by Hermine Vidovic; p. 7) Czech Republic Performance better than expected (by Leon Podkaminer; p. 8) Estonia Growing at potential (by Sebastian Leitner; p. 9) Hungary Strong growth performance in the first quarter (by Sándor Richter; p. 10) Kazakhstan Oil exports on the rise (by Olga Pindyuk; p. 11) Kosovo Election outcome unlikely to derail strong growth (by Richard Grieveson; p. 12) Latvia Investment cycle on the upturn (by Sebastian Leitner; p. 13) Lithuania Growth shifting into higher gear (by Sebastian Leitner; p. 14) Macedonia Reforms now (by Vladimir Gligorov; p. 15) Montenegro Fiscal Adjustment (by Vladimir Gligorov; p. 16) Poland Unexpectedly strong start into 2017 (by Leon Podkaminer; p. 17) Romania Boom continues (by Gábor Hunya; p. 18) Russian Federation Sluggish reforms lead to sluggish growth (by Peter Havlik; p. 19) Serbia Risks of backsliding (by Vladimir Gligorov; p. 20) Slovakia Sustained robust growth (by Doris Hanzl-Weiss; p. 21) Slovenia Growth boosted by investments (by Hermine Vidovic; p. 22) Turkey Growth robust amid major risks (by Richard Grieveson; p. 23) Ukraine Visa-free into the EU (by Vasily Astrov; p. 24)