Growth throughout emerging Europe is the best it has been for six years according to a new forecast published by the Vienna Institute for International Economic Studies (wiiw).
“Last year was the best year for growth in this region since 2011,” said Richard Grieveson, an economist at wiiw. “It was also the first since 2007 when all 22 economies we monitor grew positively. We have as a result made upward revisions to our autumn forecast, especially for the emerging European countries which are EU members, and in the Western Balkans, where we see particularly high levels of economic activity.”
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Source: Emerging Europe