EBRD gives gloomy outlook on eastern Europe

Growth is set to falter across most of central and eastern Europe next year, with two of the three Baltic states likely to contract, the European Bank for Reconstruction and Development (EBRD), said on Tuesday.

Erik Berglof, the chief economist at the EBRD, warned that growth in central Europe, south-eastern Europe and the Commonwealth of Independent States (CIS) will slow dramatically into 2009 and that it was too soon to forecast an end to the downturn.

"Any pick up will come probably after

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.