Emerging Europe Economic Outlook

Baltics set for recession, while Russia heats up (Q2 2008)

The outlook for the region as a whole remains fairly positive, but the prospects for individual economies have diverged markedly. We think that the structure of capital inflows will play a critical...

10th June 2008 · 1 min read

Emerging Europe Chart Pack

Fiscal improvement is unsustainable (May 08)

The public finances of every country in the region have strengthened considerably over the past few years. But recent developments suggest that this trend may not last for long. Rapid receipts growth...

22nd May 2008 · 1 min read

Emerging Europe Chart Pack

Deficit countries start to feel the pinch (Apr 08)

The divergence in growth trends across the region is becoming more marked. Countries running large current account deficits have begun to feel the pinch from a deterioration in global financing...

29th April 2008 · 1 min read

Emerging Europe Economic Outlook

Growth trends set to diverge (Q1 2008)

On the whole, Emerging Europe looks well placed to weather a global economic slowdown. Providing growth in the euro-zone does not slow too sharply, the region should expand by around 6% this year. But...

18th March 2008 · 1 min read

Emerging Europe Chart Pack

Central Banks buck global trend and turn hawkish (Mar 08)

Central Banks across the region are turning hawkish, despite the fact that their counterparts in the West are adopting an increasingly dovish stance in the face of a global economic slowdown. The...

13th March 2008 · 1 min read

Emerging Europe Chart Pack

Markets take another hammering (Feb 08)

Financial markets across Emerging Europe have sold off sharply over the last month as concerns about the health of the global economy continue to build, denting investor risk appetite. Equities have...

14th February 2008 · 1 min read

Emerging Europe Chart Pack

Labour markets continue to tighten (Jan 08)

15th January 2008 · 1 min read

Emerging Europe Chart Pack

Shining stars enter 2008 with plenty of momentum (Dec 07)

20th December 2007 · 1 min read

Emerging Europe Economic Outlook

Positive growth outlook conceals mounting risks (Q4 2007)

We remain upbeat on the growth outlook for Emerging Europe. But this is largely due to our positive assessment of the prospects for Russia and to a lesser extent Turkey and Poland, which between them...

14th December 2007 · 1 min read

Emerging Europe Chart Pack

Inflation pressures continue to mount (Nov 07)

Inflationary pressures are continuing to build across much of Emerging Europe. Strong growth is causing capacity constraints to bite and has pushed up core inflation in the Baltics, Balkans and Russia...

9th November 2007 · 1 min read

Emerging Europe Chart Pack

Markets recovery still going strong (Oct 07)

19th October 2007 · 1 min read

Emerging Europe Economic Outlook

Growth outlook good, bubble fears overdone (Q3 2007)

The rally in emerging market equities following September’s Fed rate cut has prompted fears of a nascent bubble in emerging market assets. In Emerging Europe, equity markets in Russia and Turkey have...

1st October 2007 · 1 min read

Emerging Europe Chart Pack

Q2 GDP growth a mixed bag (Sep 07)

Second quarter GDP growth figures released last month proved to be something of a mixed bag. While Russia and Slovakia continue to boom and overheating remains a concern in Latvia and Lithuania...

17th September 2007 · 1 min read

Emerging Europe Chart Pack

Markets hit by increased investor risk aversion (Aug 07)

The troubles in US credit markets prompted a sell-off in Emerging Europe assets last month. Equity markets initially fell by around 2-7%, currencies by 2-5% and bond spreads rose by around 40bps as...

8th August 2007 · 1 min read

Emerging Europe Chart Pack

Central Bank activism could be on the rise (Jul 07)

Recent events suggest that Central Banks across Emerging Europe could be becoming more activist. Last month, the National Bank of Hungary cut rates by 25bps to 7.75%, without an accompanying...

11th July 2007 · 1 min read