Publication - Central and Eastern Europe: A Broader Recovery, But Slower Catch-Up with Advanced Europe
EXECUTIVE SUMMARY
Growth has broadened across Central, Eastern, and Southeastern Europe (CESEE). Outside the Commonwealth of Independent States (CIS) and Turkey, growth has remained strong, driven by accommodative policies. Meanwhile, Russia and the rest of the CIS are finally on the road to recovery, with firming oil prices lifting activity. Growth in Turkey has rebounded partially after dropping sharply in the wake of elevated political uncertainty.












