By Paul Hannon The economies of central Europe are set for stronger growth this year and next as inflation cools, but Russia s invasion of Ukraine will continue to cast a shadow over their. -May 15, 2024 at 01:15 am EDT
- MarketScreener
Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank said in a semi-annual report released on Wednesday. The EBRD, which covers economic trends across emerging Europe, central Asia, the Middle East and Africa, still expects economic growth of 3% across the 40 or so countries it covers, above 2.5% in 2023. "The sad news is that our countries of operation are now affected by a fallout of not one, but two wars: the war in Ukraine and the war in Gaza."
Conflict, High Borrowing Costs Clip Growth in EBRD Regions, Report Says usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Russia's War on Ukraine Is Raising Borrowing Costs for EU's East yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.