Monthly Report No. 7-8/2015 (publication)

Monthly Report No. 7-8/2015

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Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic

wiiw Monthly Report No. 7-8, August 2015
25 pages including 1 Table and 2 Figures

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Table: Overview 2014 and outlook 2015-2017 (p. 1)
Figure: GDP growth in 2014-2015 and contribution of individual demand components in percentage points (p. 2)
Bulgaria: Export-led recovery (by Rumen Dobrinsky; p. 3)
Croatia: Mild turnaround after protracted recession (by Hermine Vidovic; p. 4)
The Czech Republic: Fiscal and monetary policies conducive to further recovery (by Leon Podkaminer; p. 5)
Estonia: Household and Swedish demand keep the economy afloat (by Sebastian Leitner; p. 6)
Hungary: Consumption and net exports step in as growth drivers (by Sándor Richter; p. 7)
Latvia: Riding out the Russian demand shortfall (by Sebastian Leitner; p. 8)
Lithuania: Domestic demand offsets slump in the Eastern neighbourhood (by Sebastian Leitner; p. 9)
Poland: Strong expansion of productive investment (by Leon Podkaminer; p. 10)
Romania: Also investments fuel growth (by Gábor Hunya; p. 11)
Slovakia: Better prospects ahead (by Doris Hanzl-Weiss; p. 12)
Slovenia: Almost back to normal (by Hermine Vidovic; p. 13)
Albania: Recovery led by FDI (by Isilda Mara; p. 14)
Macedonia: facing challenges (by Vladimir Gligorov; p. 15)
Montenegro: investments are the answer (by Vladimir Gligorov; p. 16)
Serbia: mixed signals (by Vladimir Gligorov; p. 17)
Turkey: Balance-of-payments constrained growth (by Serkan Çiçek; p. 18)
Bosnia and Herzegovina: Eppur si muove (by Vladimir Gligorov; p. 19)
Kosovo: Growth on skis (by Mario Holzner; p. 20)
Belarus: How deep will be the recession? (by Rumen Dobrinsky; p. 21)
Kazakhstan: Persevering in times of low oil prices (by Olga Pindyuk; p. 22)
Russian Federation: Milder recession followed by unimpressive recovery (by Peter Havlik; p. 23)
Ukraine: No light at the end of the tunnel so far (by Vasily Astrov; p. 24)