http://www.fxstreet.com/fundamental/market-view/cee-quarterly/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/cee-quarterly/2009-07-14.htmlRebalancing proceeding fast: We revised further lower our 2009 GDP forecasts during 2Q, though significantly improved our current account outlook. To the extent that the CEE rebalancing process is proceeding faster than expected, changes to our 2010 forecasts in 2Q were limited. We now forecast full year 2009 CEE17 GDP to contract 5.8% (from 3.5% previously) and for the regional current account balance – ex Kazakhstan and Russia – to improve to 2.8% (from 4.2% forecast previously). CEE noTue, 14 Jul 2009 08:34:23 GMThttp://www.fxstreet.com/fundamental/market-view/communication@unicreditgroup.eu (UniCredit Group)http://www.fxstreet.com/fundamental/market-view/cee-quarterly/2009-07-14.htmlhttp://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-10-07.htmlOne year after the beginning of the international financial turmoil, high uncertainty and volatility persist at the global level, with no signs of abating. The US economy continues to perform poorly and signs of a slowdown are now materialising also in the eurozone. Strong inflation and declining employment are taking their toll on households’ spending, while a low level of construction activity – likely to persist for the whole forecasting period – will reflect the weakening capital formationTue, 07 Oct 2008 15:39:13 GMThttp://www.fxstreet.com/fundamental/market-view/communication@unicreditgroup.eu (UniCredit Group)http://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-10-07.htmlhttp://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-07-22.htmlGlobal risks testing Central and Eastern European economies Low economic growth in the US and the eurozone, strong concerns about inflation, high lolatility in financial markets and a general repricing of risk are the main characteristics of the global environment. Q1 GDP growth settled at 2.5 % yoy in the US and at 2.1 % yoy in the eurozone, and expectations point to a further slowdown, with 1.4 % and 1.7 % growth for 2008 as a whole, respectively, and 2.0 % and 1.6 % for 2009. Oil pricesTue, 22 Jul 2008 13:24:43 GMThttp://www.fxstreet.com/fundamental/market-view/communication@unicreditgroup.eu (UniCredit Group)http://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-07-22.htmlhttp://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-05-07.htmlClouds remain at the international level … The turbulence on the financial markets is showing only mild signs of abating and more evidence has emerged that the US economy is strongly slowing down, with mounting pressures on consumers. Indeed, financially overstretched US households are suffering from declining housing wealth, tightening financial conditions and increasing consumer prices. The combined effect of the monetary and fiscal stimulus will provide some relief in the second half of theWed, 07 May 2008 14:23:42 GMThttp://www.fxstreet.com/fundamental/market-view/communication@unicreditgroup.eu (UniCredit Group)http://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-05-07.htmlhttp://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-02-29.htmlCEE region copes with the new global environment Lower growth in the US and the euro zone, great uncertainty and volatility and a general repricing of risk are the main features characterising the new global environment. Our scenario is now assuming growth at 1.5 % in the US and 1.4 % in the euro zone in 2008, with proactive monetary policies leading to fast declines in interest rates to 2.5 % in the US and 3.5 % in the euro zone. The risk of a potential deeper recession in the US remains,Fri, 29 Feb 2008 09:01:26 GMThttp://www.fxstreet.com/fundamental/market-view/communication@unicreditgroup.eu (UniCredit Group)http://www.fxstreet.com/fundamental/market-view/cee-quarterly/2008-02-29.html