Emerging Europe Economics Update Rates set to fall despite currency risks (Dec 08) A sharp deterioration in the growth outlook, coupled with further falls in oil and food prices, has caused policymakers in the region to grow more concerned about inflation undershooting, rather than... 12th December 2008 · 1 min read
Emerging Europe Economic Outlook ‘Super Deficit’ countries heading for recession (Q4 2008) The outlook for Emerging Europe remains bleak. The economies of the ‘Super Deficit’ countries (Ukraine, Hungary, Turkey, the Baltics and the Balkans) look set to contract next year as the global... 8th December 2008 · 1 min read
Emerging Europe Chart Pack Crisis deepens in the ‘Super Deficit’ countries (Nov 08) As the global credit crunch intensifies, those countries in Emerging Europe with large external financing needs have been forced to turn to the IMF and EU for emergency funding. Hungary and Ukraine... 27th November 2008 · 1 min read
Emerging Europe Economics Update Falling currencies to prevent dramatic rate cuts (Nov 08) As the global slump intensifies, lingering inflation concerns have given way to fears of an imminent recession in Emerging Europe. But large external deficits have caused currencies in the region to... 18th November 2008 · 1 min read
Emerging Europe Chart Pack Feeling the pinch (Oct 08) Financial markets in the region have been rocked by the recent sharp downturn in global risk appetite. Equities have plunged by up to 50% in the past month, while spreads on CDS have ballooned... 22nd October 2008 · 1 min read
Emerging Europe Economics Update Rate cuts won’t keep pace with ECB (Oct 08) Recent developments in the global economy and financial markets mean that growth fears will start to overtake lingering inflation concerns amongst policymakers in the region. But diminished investor... 15th October 2008 · 1 min read
Emerging Europe Economic Outlook Clouds gather over the growth outlook (Q3 2008) The outlook for Emerging Europe has deteriorated in recent months. Weaker growth in the euro-zone will hit manufacturers, while consumers are facing twin headwinds of higher inflation and tighter... 29th September 2008 · 1 min read
Emerging Europe Economics Update Currency markets take centre stage (Sep 08) On the whole, inflation pressures are easing across the region. But the ability of policymakers to cut interest rates in response will be governed by developments in the currency markets. We see scope... 22nd September 2008 · 1 min read
Emerging Europe Chart Pack Russian & Ukrainian markets hit by political risk (Sep 08) While the conflict in South Ossetia is likely to have little direct impact on the Russian economy, financial markets have been hit hard by a rise in political risk. The currency has dropped by 3%... 8th September 2008 · 1 min read
Emerging Europe Economics Update Tightening cycle drawing to a close (Aug 08) Interest rates are nearing their peaks across Emerging Europe. Indeed, policymakers in the Czech Republic actually cut interest rates by 25bps earlier this month and seem intent on reducing borrowing... 19th August 2008 · 1 min read
Emerging Europe Chart Pack Growth outlook starts to weaken (Aug 08) The outlook for Emerging Europe has deteriorated in recent months. A combination of weaker growth in the euro-zone and stronger currencies has hit manufacturers, while consumers are facing the twin... 7th August 2008 · 1 min read
Emerging Europe Economics Update Further hikes to come in Turkey (Jul 08) All the focus over the coming months will be on Turkey, where we expect policymakers to follow up a likely rate hike this week with further monetary tightening. Elsewhere in the region, while... 15th July 2008 · 1 min read
Emerging Europe Chart Pack Inflation rears its ugly head (Jul 08) The rise in inflation is showing no sign of easing. Headline inflation remains above target in all countries, although price pressures are most acute in the east of the region. Prices are now rising... 10th July 2008 · 1 min read
Emerging Europe Economics Update Central Banks still in tightening mode (Jun 08) 17th June 2008 · 1 min read
Emerging Europe Chart Pack Political uncertainty spooks financial markets (Jun 08) Financial markets in parts of the region have been hit by a fresh wave of investor risk aversion over the past month. In Turkey, a surge in inflation coupled with a deterioration in the political... 13th June 2008 · 1 min read
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
