On a correction mode after strong bounce from March 2009 lows
On a correction mode after strong bounce from March 2009 lows
Regional Economics & Strategy
01 Φεβρουαρίου 2010
Bulgaria: Disciplined fiscal policy improves ERM II entry outlook Poland: Polish economy to expand further in 2010; yet, fiscal concerns remain Romania: End of domestic political deadlock allows the new government to tap international markets with a new Eurobond issue (expected some time in Q1 2010, according to government officials). International organizations resume lending program Serbia: Unblocking of EU interim trade agreement to bring immediate benefits to Serbian exporters. Central Bank signals more interest rate cuts are on the cards despite depreciation pressures on the Dinar Turkey: Return to positive GDP growth expected in 2010. Improving external imbalance, successful placement of first 10-year benchmark bond help to ease financing concerns Ukraine: Persisting political uncertainty weighs on economic outlook