PRAGUE (ČIA) – The GDP growth in the CEE region will reach 2% in 2012, while the euro area is expected to drop 1%. This stems from the economic development analysis by Raiffeisen Bank International. The analysis predicts that the Czech economy will lose 1.2% next year and the debt crisis in the euro area will continue to have negative effects also on the development of the stock markets. The negative development in the euro area will affect Central Europe, which will grow just 0.5%, as well as Southeast Europe, which will grow 0.4%. According to RBI’s analysts, most countries have already reached the peak inflation rate.
English News
RBI: CEE will grow 2%, euro area will drop 1% in 2012
11.01.2012 - 12:00 | English news
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