05 July 2012 11:29 [Source: ICIS news]
With RBI's forecast also showing that this year's GDP of the eurozone is expected to shrink by 0.3%, the CEE can be seen to have “so far withstood the turbulences in the eurozone well and has developed with pleasing stability,” said Peter Brezinschek, head of Raiffeisen Research, a unit of Austria-based RBI.
"The top performers [in the forecast] remain
The situation in the Balkans remains less positive, with
"This region [Balkans] has been the most negatively affected by the recession in the periphery states of the eurozone. Only a moderate brightening of the economic outlook is realistic in the next year," he added.
For 2013, RBI is forecasting CEE GDP growth of 3.2% and eurozone growth of 0.8%.
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