In CEE we expect GDP growth in the region next year of 3.8%, up from 3.6% this year, with every country in our group to show gains for the first time in 4 years. The crisis is not over yet, but signs of recovery begin to show in the area. What to expect for the new year?

Following the Greek difficulties and the comments by some Hungarian officials regarding the week status of Hungary’s public finances, this week the Bulgarian budget was at center stage. To avoid sustainability of its fiscal position being called into question, the Bulgarian government already implemented a number of austerity measures, but the European Commissioner Rehn is considering sending a missionto the country.

The impact of the global crisis is not ended and the south east european countries are still inside significant  social and economic difficulties. The recovery is possible but needs much work on the financial and institutional side. This survey, by the research unit of the Unicredit banking Group, highlights the perspectives, the weeknesses and strenghts of seventeen countries of the area in the second quarter of 2010.

The recovery from the economic downturn in South East Europe (SEE) is delayed and the countries of the area are suffering from its effects, in particular on the society and productive activities. This survey, by the research unit of the Unicredit banking Group, highlights the perspectives, the weeknesses and strenghts of seventeen nations of the area with regard to the first quarter of 2010.

The international economic and financial crisis is damaging the whole European Union. Nevertheless the newest member countries are suffering more in terms of job losses and public accounts imbalances. Can this situation disrupt the integration process in the EU, given that it is built primarly on the commercial and financial exchanges between new members and founding states?

The European Union has officially accepted Bucharest as a member from January, 1st 2007. This historical event has contributed strongly to the positive economic trend experienced by the country in the last few years. Its GDP growth and the amount of foreign direct investments are higher than those of other countries of the area. Anyway Romania must still solve some structural, social and administrative problems. The beginning of 2008 has showed a substantial continuity with the previous year, and the trade deficit is rising due to imports of industrial machines and other investment goods.

This report focuses on financial, economic and commercial indicators about the Bosnian economy in the period which stretches from 2000 to 2005. it includes a quick overview on the period after indipendence from the Jugoslav Federation.