Emerging Europe Economics Update Talk of rate hikes to prove premature (Sep 09) Although we have nudged up our growth forecasts for next year, we do not expect policymakers in the region to raise interest rates for some time. While Turkey and the Czech Republic are likely to be... 18th September 2009 · 1 min read
Emerging Europe Chart Pack Q2 GDP data paint a mixed picture (Aug 09) While some economies managed to post quarterly growth in Q2, others continued to contract sharply. We think that there are still plenty of reasons to be cautious, even in those countries that appear... 27th August 2009 · 1 min read
Emerging Europe Economics Update Easing-cycles still have further to run (Aug 09) Hungary and Romania are both likely to continue to capitalise on the current favourable conditions in financial markets by cutting interest rates again in their forthcoming meetings. Elsewhere... 19th August 2009 · 1 min read
Europe Commercial Property Update 2009Q2 RICS survey: too gloomy on Poland and Czech Republic? The most recent edition of the RICS global commercial property survey highlights the severe occupier market downturn in emerging Europe. But while we think that the overall sentiment of the survey is... 6th August 2009 · 1 min read
Emerging Europe Chart Pack Signs of improvement but recovery will be weak (Jul 09) Recent data releases suggest that the rate of decline across Emerging Europe has started to ease. But while the region as a whole may no longer be in freefall, there are a number of reasons to remain... 30th July 2009 · 1 min read
Emerging Europe Economics Update Rates set to fall as confidence edges up (Jul 09) Signs of a pick-up in investor confidence means Hungary could resume its monetary-easing cycle later this month, with a further cut in rates also likely in Romania. Elsewhere, we still see room for... 15th July 2009 · 1 min read
Emerging Europe Chart Pack Rally running out of steam (Jun 09) The strong rebound that had swept through financial markets in Emerging Europe since March has seemingly run out of steam. Equity markets across the region have lost ground since the start of June... 30th June 2009 · 1 min read
Emerging Europe Economic Outlook Eventual recovery to expose sharp country divisions (Q2 2009) A modest improvement in the outlook for Western Europe means that some countries in Emerging Europe - notably Poland, Turkey and the Czech Republic - could now see a return to positive growth in Q1 of... 25th June 2009 · 1 min read
Europe Commercial Property Update Emerging Europe rental prospects still best in Poland and Czech Rep We have recently nudged up our economic growth forecasts for Poland and the Czech Republic. However, our revisions still leave growth well below trend, which will do little to boost occupier demand... 18th June 2009 · 1 min read
Emerging Europe Economics Update Market still underestimating scope for rate cuts (Jun 09) Aggressive cuts earlier this year mean that interest rates are nearing their trough in Turkey and the Czech Republic, while concerns over financial stability mean that the pace of easing in Hungary... 17th June 2009 · 1 min read
Emerging Europe Chart Pack Off to an horrific start (May 09) Q1 GDP data released over the past month paint a grim picture, with most economies in the region contracting at a record pace. This is unsurprising given the meltdown in the region’s banking sector at... 28th May 2009 · 1 min read
Emerging Europe Economics Update Pick-up in inflation to prompt pause in easing cycle (May 09) Inflation data have surprised on the upside in both Poland and Hungary in recent months, due in large part to recent currency weakness. But the bigger picture is that the pick-up in inflation in both... 19th May 2009 · 1 min read
Emerging Europe Chart Pack ‘Green shoots’ still thin on the ground (Apr 09) There have been welcome signs that the pace of decline in the region’s economy has started to ease in recent weeks. But we think a recovery remains some way off. First, while consumer and business... 30th April 2009 · 1 min read
Emerging Europe Economics Update Pace of cuts eases, but rates still set to fall (Apr 09) We have argued for some time that the pace of monetary easing across the region would slow as concerns about financial stability weigh on policymakers’ minds. This seems to have been borne out by... 17th April 2009 · 1 min read
Emerging Europe Chart Pack From falling markets to falling governments (Mar 09) Financial markets across Emerging Europe have recovered following last month’s sell-off. Currencies are up by 2% and equities have soared. But the recovery owes more to a general pick-up in global... 30th March 2009 · 1 min read
Europe Commercial Property Update Political tensions point to higher property yields in emerging Europe The collapse of the Czech government on Tuesday night signals that the crisis in emerging Europe has entered a new phase in which political risks will come to the fore. The economic implications may... 26th March 2009 · 1 min read
