Tumpel-Gugerell praises transition economies

At the opening of the International East-West Conference entitled "Completing Transition: The Main Challenges", the Central Bank of Austria's vice governor Tumpel-Gugerell highlights positive growth of all transition economies

For the first time since 1989 all transition countries recorded positive economic growth in the year 2000. Even though the recovery has yet to take hold in some economies, a remarkable number of countries have already managed to steer their economies onto a dynamic growth

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