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FLEMING ON FINANCE

A gloomy eastern outlook

By Stewart Fleming  -  04.02.2010 / 04:30 CET
Restoring growth in central and eastern Europe is shaping up to be a lengthy business.

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Fact file

Gross domestic product, % change

 

                                 2008*   2009   2010    2011

Bulgaria                   +6.0      -4.8       0.0     +2.7

Estonia                     -3.6      -14.7   -1.8     +2.7

Hungary                   +0.6      -6.7     -0.6     +2.0

Latvia                       -4.6      -17.9    -2.0     +2.5

Lithuania                +2.8      -15.2    -0.5     +2.3

Poland                    +5.0      +1.4    +2.3     +3.0

Romania                +7.1       -7.0    +1.3    +2.3        

Slovak Rep            +6.2       -5.3    +2.8     +3.7  

Slovenia                 +3.5       -7.5    +1.9     +2.7

Czech Republic** +2.5       -4.8    +0.8     +2.3


Average                   +3.5       -3.3   +1.4     +2.8

*Actual    ** Commission forecast

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