http://en.redtram.com/ emergingeuropemonitor.com Copyright (c) 2008 RedTram. All rights reserved. webmaster@redtram.com (RedTram) en Fri, 29 Aug 2008 03:48:36 GMT 300 100 50 http://en.redtram.com/ http://img.en.redtram.com/rsslogo.gif 191690 | Double-Digit Inflation To Persist http://en.redtram.com/go/73639934/top100/ 73639934 Inflation is likely to remain stuck at high levels in 2008, increasing the risks of a hard landing for the economy. Wed, 20 Feb 2008 17:47:28 GMT http://en.redtram.com/go/73639934/top100/ 191683 | Growth To Slow To 7.0% In 2008 http://en.redtram.com/go/73279790/top100/ 73279790 Slovakia's surprise fourth quarter real GDP growth figure of 14.1% y-o-y is a positive signal for the economy's resilience amid a slowdown in the external sector. That said, we are holding to our view that growth will fall markedly in Fri, 15 Feb 2008 14:44:35 GMT http://en.redtram.com/go/73279790/top100/ 191690 | POLITICAL RISK - PM Unveils Policy Priorities http://en.redtram.com/go/73089050/top100/ 73089050 Ivars Godmanis, Latvia's new {rime Minister, has unveiled an action plan for his four-party, centre-right government's first 100 days. Priorities include fighting inflation, strengthening energy supply, reviewing utility tariffs, and concluding the privatisation of fixed-line phone company Wed, 13 Feb 2008 08:02:25 GMT http://en.redtram.com/go/73089050/top100/ 191691 | Macroeconomic Forecast Tajikistan http://en.redtram.com/go/72554847/top100/ 72554847 CPI rose 19.9% y-o-y in December, with annual average inflation up at 13.1%. The prime diver behind this move has been the leap in food prices throughout the region, which have hit Tajikistan especially hard. Wheat and vegetable oil prices Tue, 05 Feb 2008 07:33:26 GMT http://en.redtram.com/go/72554847/top100/ 191691 | The Drugs Challenge http://en.redtram.com/go/72554846/top100/ 72554846 Tajikistan has seized a 500kg shipment of opium and heroin, which is the largest since independence. Eight people were arrested along with the drugs near the Afghan border, but with as much as 20% of Afghan production transiting through Central Tue, 05 Feb 2008 07:33:25 GMT http://en.redtram.com/go/72554846/top100/ 191683 | Macroeconomic Forecast Macroeconomic Forecasts - Slovakia http://en.redtram.com/go/72554845/top100/ 72554845 In line with end-year data releases we have revised a number of our medium term macroeconomic forecasts. In line with a higher than expected end-2007 unemployment figure of 8.0%, we have revised upward our jobless rate forecasts through to 2012. Tue, 05 Feb 2008 07:33:24 GMT http://en.redtram.com/go/72554845/top100/ 191691 | Assessing The Risks To The Banking Sector http://en.redtram.com/go/72554844/top100/ 72554844 The banking sector should be able to weather the downturn in the economy. However, there is a risk that the quality of the sector's relatively unseasoned loan book could deteriorate by more than expected, potentially resulting in a demand-squeezing credit Tue, 05 Feb 2008 07:33:23 GMT http://en.redtram.com/go/72554844/top100/ 191683 | A Strong But Not Stellar 2008 Fiscal Outlook http://en.redtram.com/go/72554843/top100/ 72554843 Tax hikes will help the government to keep its budget deficit well below the 3.0% of GDP specified in the Maastricht convergence criteria. We forecast a 2.4% of GDP deficit for this year, but further improvement will be made more Tue, 05 Feb 2008 07:33:22 GMT http://en.redtram.com/go/72554843/top100/ 191691 | Macroeconomic Forecast Macroeconomic Forecasts- Turkey http://en.redtram.com/go/72201497/top100/ 72201497 Turkish general government budget figures over the first eleven months of 2007 confirm our view that the budget deficit will widen that year. The consolidated budget for January-November posted a TRY11.1bn deficit, prompting us to raise our full-year estimate to Thu, 31 Jan 2008 08:19:15 GMT http://en.redtram.com/go/72201497/top100/ 191687 | A Missed Opportunity http://en.redtram.com/go/72201496/top100/ 72201496 With Slovenia assuming the rotating EU presidency in H108, Croatia has been handed a golden opportunity to have a key neighbour push forward its hopes for early EU membership. Instead, the spat over the Ecological and Fisheries Protection Zone has Thu, 31 Jan 2008 08:19:14 GMT http://en.redtram.com/go/72201496/top100/ 191691 | Closing The Wealth Gap At A Glacial Pace http://en.redtram.com/go/72031457/top100/ 72031457 Real GDP growth came in at a solid 7.8% in 2007, which underpins our view that the Tajik economy will expand by an average of 7.16% over our five-year forecast period. Inflation, though, will remain a problem into 2008 as Tue, 29 Jan 2008 09:15:29 GMT http://en.redtram.com/go/72031457/top100/ 191691 | New Year, New Challenges For Sanadar http://en.redtram.com/go/71884951/top100/ 71884951 The formation of the new Croatian government is a positive development for policy continuity, but the 2009 European Parliament target for finalising EU membership talks could be slipping. Even a delay of one more year would not significantly impact upon Sun, 27 Jan 2008 08:34:39 GMT http://en.redtram.com/go/71884951/top100/ 191691 | What Will Sanadar's Second Term Look Like? http://en.redtram.com/go/70555514/top100/ 70555514 Prime Minister Ivo Sanader looks set to secure sufficient support to form a new government. His second administration will likely be more challenging than his first, as he prepares Croatia for accession to the EU, and implements much needed structural Wed, 09 Jan 2008 08:51:06 GMT http://en.redtram.com/go/70555514/top100/ 191687 | Back To The Hague http://en.redtram.com/go/70555513/top100/ 70555513 The spectre of the International Criminal Tribunal for the former Yugoslavia in the Hague continues to hang over Croatia. The resignation of Interior Minister Ivica Kirin on December 29 over his participation in a hunt alongside General Mladen Markac, who Wed, 09 Jan 2008 08:51:06 GMT http://en.redtram.com/go/70555513/top100/ 191687 | Macroeconomic Forecast Croatia http://en.redtram.com/go/70555512/top100/ 70555512 The kuna ended 2007 at HRK7.3265/EUR, which was marginally stronger than the level at which it entered the year. Once again, the central bank did not allow any significant upside in HRK/EUR. However, over the coming years, we think that Wed, 09 Jan 2008 08:51:05 GMT http://en.redtram.com/go/70555512/top100/ 191691 | Macroeconomic Forecast Montenegro http://en.redtram.com/go/70466779/top100/ 70466779 Montenegro's current account deficit totalled EUR511.1mn from January to September 2007, increasing 60.8% y-o-y. During this period, the current account deficit totalled 32.7% of GDP, however this was financed from net FDI inflows which amounted to 21.6% of GDP. We Tue, 08 Jan 2008 07:52:15 GMT http://en.redtram.com/go/70466779/top100/ 191691 | POLITICAL RISK - Concerns Over Corruption http://en.redtram.com/go/70466781/top100/ 70466781 Romania's ruling Liberal Party has named Norica Nicolai as the new justice minister to replace Tudor Chiuariu, who resigned ahead of an investigation into corruption allegations against him. The Tue, 08 Jan 2008 07:52:15 GMT http://en.redtram.com/go/70466781/top100/ 191691 | Macroeconomic Forecast Azerbaijan http://en.redtram.com/go/70466777/top100/ 70466777 As a result of benign macroeconomic fundamentals, which we expect to remain in place over the medium term, we forecast further appreciation of the Azeri manat going forward. While capital from the ongoing oil boom will continue to be the Tue, 08 Jan 2008 07:52:14 GMT http://en.redtram.com/go/70466777/top100/ 191691 | POLITICAL RISK - Expect Policy Continuity http://en.redtram.com/go/70466776/top100/ 70466776 Igor Chudinov has been appointed as the new Prime Minister, following the electoral success of President Kurmanbek Bakiyev's Ak Zhol party in the December 16 parliamentary elections. Ak Zhol secured 71 out of the 90 parliamentary seats in the election. Tue, 08 Jan 2008 07:52:13 GMT http://en.redtram.com/go/70466776/top100/