CEE Biweekly
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CEE Biweekly
Mon, Dec 24 2007, 16:43 GMT
by Yapi Kredi Bank Economic Research Department
UniCredit Group
This issue includes:
- Key economic news
- A country monitoring focusing on Slovakia, Turley, and Ukraine
- Data and forecast at country and regional level
Slovakia is making the necessary preparations for the introduction of the Euro at the beginning of 2009. We are optimistic that in the official evaluation period next spring Slovakia will fulfil all criteria for EMU entry.
In Turkey GDP grew by a surprisingly low 1.5% yoy in the third quarter of 2007. Although inflation was 8.4% in November and therefore missed the inflation target of the central bank, further interest rate cuts are expected in the first quarter of 2008.
On December 18 Yulia Tymoshenko was appointed as prime minister. Nevertheless, the political situation in Ukraine will remain shaky. On the economic side we expect GDP growth to slow to 5% and inflation to increase to 13.6% in 2008.
Published on
Mon, Dec 24 2007, 16:46 GMT
Archive
- The Georgia conflict and its likely economic impact
Published On Thu, Sep 11 2008, 14:56 GMT
- CEE Biweekly
Published On Wed, Jul 2 2008, 15:36 GMT
- CEE Biweekly
Published On Wed, Jun 18 2008, 15:01 GMT
- CEE Biweekly
Published On Wed, Jun 4 2008, 15:17 GMT
- Some slowdown, but economic growth still sound
Published On Thu, May 29 2008, 08:02 GMT
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