Monthly Report No. 6/2019

Central, East and Southeast Europe Recent Economic Developments and Forecast Table Overview 2017-2018 and outlook 2019-2021 (p. 1) Figures GDP growth in 2018-2021 and contribution of individual demand components in percentage points (p. 2) Albania Institutional clash threatens stability (by Isilda Mara; p. 3) Belarus Economy past the trough (by Rumen Dobrinsky; p. 4) Bosnia and Herzegovina Some positive economic signals despite political stalemate (by Goran Vuksic; p. 5) Bulgaria Exports support an unexpected upturn (by Rumen Dobrinsky; p. 6) Croatia Surprisingly strong start to the year (by Hermine Vidovic; p. 7) Czech Republic Moderate growth continues (by Leon Podkaminer; p. 8) Estonia External demand above expectations (by Sebastian Leitner; p. 9) Hungary Signs of overheating (by Sandor Richter; p. 10) Kazakhstan Trying to preserve the status quo (by Olga Pindyuk; p. 11) Kosovo Stumbling Serbia–Kosovo dialogue (by Isilda Mara; p. 12) Latvia Pace of growth changes to a lower gear (by Sebastian Leitner; p. 13) Lithuania Domestic and external demand remain strong (by Sebastian Leitner; p. 14) Moldova Stable growth supported by lax fiscal policy (by Gabor Hunya; p. 15) Montenegro Impressive surge in employment (by Goran Vuksic; p. 16) North Macedonia On the way back up (by Richard Grieveson; p. 17) Poland Social spending supports high growth (by Leon Podkaminer; p. 18) Romania Still overheating (by Gabor Hunya; p. 19) Russia On the verge of recession (by Vasily Astrov; p. 20) Serbia Adjusting back to reality (by Richard Grieveson; p. 21) Slovakia Growth boosted by Jaguar Land Rover (by Doris Hanzl-Weiss; p. 22) Slovenia Returning to a moderate growth path (by Hermine Vidovic; p. 23) Turkey Still close to the eye of the storm (by Richard Grieveson; p. 24) Ukraine Growth holds steady despite political storm (by Olga Pindyuk; p. 25)