Filtered by Subscriptions: Emerging Europe Economics Use setting Emerging Europe Economics
Twenty years after the fall of Communism, 2009 should have been a year to celebrate in Eastern Europe. Instead, it looks like a year to forget. The region was hit harder than any other by the turmoil that followed the collapse of Lehman’s last autumn and …
23rd December 2009
This report is only available as a PDF. Click to download. … Hungary: smaller than expected cut, but further easing to come …
21st December 2009
The markets are now pricing in relatively aggressive monetary tightening from mid-2010 in most countries in Emerging Europe but we think that three factors will keep rates much lower than investors currently expect. First, the pace of recovery is likely …
18th December 2009
This report is only available as a PDF. Click to download. … Turkish yields to rise, but default risk to stay low …
17th December 2009
This report is only available as a PDF. Click to download. … Are Austrian banking troubles a sign of things to come? …
16th December 2009
This report is only available as a PDF. Click to download. … Three challenges facing emerging markets in 2010 …
11th December 2009
This report is only available as a PDF. Click to download. … Turkey: the recovery continues …
10th December 2009
The good news is that following the turmoil earlier this year, most economies in Emerging Europe have now returned to positive growth and financial markets have bounced. The bad news is that a number of countries remain mired in recession and, for the …
This report is only available as a PDF. Click to download. … Romania: Political impasse further clouds the outlook …
7th December 2009
This report is only available as a PDF. Click to download. … Will sovereign debt concerns now shift to Emerging Europe? …
2nd December 2009
This report is only available as a PDF. Click to download. … Poland: annual GDP growth accelerates in Q3 …
30th November 2009
Q3 GDP data released earlier this month painted a mixed picture. Although much of the region has now returned to positive quarterly growth, this has been was driven by a variety of temporary factors including Western European car-scrapping schemes and …
27th November 2009
We estimate that Ukraine needs a further $7.5bn in external financing assistance next year. But with the outcome of January’s Presidential elections still uncertain, the source of this funding is not yet clear. With PM Tymoshenko seemingly in pole …
25th November 2009
This report is only available as a PDF. Click to download. … Hungary cuts again, rates heading for 5% …
23rd November 2009
This report is only available as a PDF. Click to download. … Russia: Forget the growth rates, it’s the levels that matter …
20th November 2009
After an aggressive easing of monetary policy over the past year, we now think that interest rates have troughed in Poland, Turkey and the Czech Republic. However policymakers in all three will retain their easing bias for some time, and rate hikes are …
This report is only available as a PDF. Click to download. … Turkey: Could this be the end of the easing-cycle? …
19th November 2009
This report is only available as a PDF. Click to download. … Hungary: wage growth to remain subdued …
17th November 2009
This report is only available as a PDF. Click to download. … Q3 GDP data paint a mixed picture …
13th November 2009
This report is only available as a PDF. Click to download. … Price pressures continue to fade …
11th November 2009
This report is only available as a PDF. Click to download. … Latvia: Still no sign of growth …
9th November 2009
This report is only available as a PDF. Click to download. … Best days of the ruble rally have passed …
5th November 2009
This report is only available as a PDF. Click to download. … Suspending Polish debt rules: Good for growth, bad for bonds …
4th November 2009
This report is only available as a PDF. Click to download. … Turkey: where will inflation go from here? …
3rd November 2009
This report is only available as a PDF. Click to download. … Too soon to call the top in Russian equities …
29th October 2009
After collapsing across the board earlier in the year, consumer and business confidence indicators have rebounded sharply over the past six months. In some cases, they are approaching pre-crisis levels and are consistent with a return to positive economic …
This report is only available as a PDF. Click to download. … Will Estonia be the next to join the euro? …
23rd October 2009
This report is only available as a PDF. Click to download. … Will Turkey be next to tax capital inflows? …
21st October 2009
This report is only available as a PDF. Click to download. … Russia: $18bn government bond issue just the tip of the iceberg …
19th October 2009
This report is only available as a PDF. Click to download. … Hungary: interest rate cuts will do little to lift economy …
Although monetary easing-cycles in much of the region are drawing to a close, we still do not expect rates to be hiked anywhere before the second half of 2010. Turkey is likely to be the first to reverse recent rate cuts, followed by the Czech Republic …
16th October 2009
This report is only available as a PDF. Click to download. … Turkey: interest rates cut again but much rests on IMF deal …
15th October 2009
This report is only available as a PDF. Click to download. … Can we trust Russian data? …
14th October 2009
This report is only available as a PDF. Click to download. … Turkey: no fiscal crisis, but bond market rally nearing end …
13th October 2009
This report is only available as a PDF. Click to download. … Romania: where to from here? …
This report is only available as a PDF. Click to download. … Huge output gaps to keep a lid on inflation in Central Europe …
9th October 2009
This report is only available as a PDF. Click to download. … Events in Latvia take another turn for the worse …
7th October 2009
This report is only available as a PDF. Click to download. … What will drive the region’s economy post-crisis? …
6th October 2009
Although the severe recession in Latvia has caused the current account to swing back into surplus, the rebalancing of the economy is not complete. We think the real exchange rate still needs to fall by something like 25%, and that this is now most likely …
2nd October 2009
As deep recessions in the region have unfolded, all countries in Emerging Europe have experienced a sharp deterioration in their public finances. Some nations, particularly those that have turned to the IMF for funding assistance have already been forced …
30th September 2009
This report is only available as a PDF. Click to download. … Rate cuts in Russia and Romania won’t ease credit conditions …
29th September 2009
This report is only available as a PDF. Click to download. … Hungarian policymakers tread carefully and cut 50bps …
28th September 2009
This report is only available as a PDF. Click to download. … Official rate cuts still not feeding through to real economy …
23rd September 2009
We have nudged up our GDP forecasts for the region’s most open economies, predominantly those in Central Europe, in response to a modest improvement in the outlook for Western Europe. The inventory cycle is also likely to give a temporary boost to growth, …
22nd September 2009
Although we have nudged up our growth forecasts for next year, we do not expect policymakers in the region to raise interest rates for some time. While Turkey and the Czech Republic are likely to be the first in the region to hike towards the end of 2010, …
18th September 2009
This report is only available as a PDF. Click to download. … Turkey: Medium-term Programme set to keep interest rates low …
17th September 2009
This report is only available as a PDF. Click to download. … Turkey: MTEP treads the middle ground …
16th September 2009
This report is only available as a PDF. Click to download. … Markets too quick to price in rate hikes …
15th September 2009
This report is only available as a PDF. Click to download. … Russia cuts rates, signals more to come …
14th September 2009
This report is only available as a PDF. Click to download. … Inflation outlook remains benign …
11th September 2009
