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Financial markets enter consolidation phase after strong start in Q1

Bulgaria: Weak domestic demand performance in Q4-2012
Poland: Remains the star performer in Central Europe
Romania: A challenging year lies ahead following visible progress in macroeconomic stabilization and structural reforms in recent months
Serbia: Mounting fiscal risks ahead of parliamentary elections
Turkey: Economic slowdown already evident; modest rebound likely in H2
Ukraine: Uncertain outlook ahead of election period
Albania: Growth to decelerate in 2012 despite the monetary stimulus