Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
Journal: RePEc: Research Papers in Economics
Year: 2016

GDP growth in the EU Member States of Central and Eastern Europe (EU-CEE), the Western Balkans (WB) and Turkey will remain stable or even increase. The trend growth path will be around 3%. EU-CEE countries will thus continue to catch up to the EU average, however at low speed. Russia and Ukraine, on the other hand, will show a considerably worse performance growth will return in 2017 at the earliest. These are the main results of the newly released medium-term macroeconomic forecast by the Vienn