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Resident Representative

IMF Regional Office for Central and Eastern Europe

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Regional Economic Issues Reports

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CESEE Regional Economic Issues (REI) update
November 13, 2015

Much of the Central, Eastern, and Southeastern Europe (CESEE) is growing at a healthy pace, while Russia and other CIS economies are facing significant economic challenges. The region as a whole is expected to return to positive growth next year. Overall, activity in the region is set to contract by 0.6 percent in 2015 and expand by 1.3 percent in 2016. This is little changed from the spring 2015 projections, but the risks have shifted to the downside.

Download the full report (PDF)

Read IMF Survey Story: Emerging Europe Sees Stronger Growth Ahead, but Faces New Risks, November 13, 2015

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News and Highlights

Job Adverstisement: Research Assistant (deadline to apply March 11, 2016)

Video: CEE: Economic Outlook for the Year Ahead - How will Europe respond to the new geo-political risks? January 19, 2016

Ukraine: First Review Under the Extended Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Ukraine. August 4, 2015.

"Cheaper Oil And Sanctions Weigh On Russia’s Growth Outlook". IMF Survey Article, August 3, 2015

IMF Executive Board Completes First Review of Ukraine’s EFF and Approves US$1.7 Billion Disbursement. Press Release, July 31, 2015



"A Strategy for Resolving Europe's Problem Loans", by Bas B. Bakker, Senior Resident Representative - European Bank Co-ordination (Vienna) Initiative: Third Ukrainian Financial Forum, Kiev, March 15, 2016

Key Economic Issues in CESEE, by Bas B. Bakker, Senior Regional Resident Representative - Parliamentary Workshop, Vienna, March 2, 2016

Challenges for Baltics as for the Eurozone countries having Advanced Economy status, by Bas B. Bakker, Senior Regional Resident Representative - 4th European High-level Panel Discussion on Banking, Vilnius, February 4, 2016

"Economic Outlook for 2016", by Bas B. Bakker, Senior Resident Representative - The Central and Eastern European Forum, Vienna, January 19, 2016

"World Bank Global Economic Prospects - Some comments", by Bas B. Bakker, Senior Resident Representative - National Bank of Poland, Warsaw, January 11, 2016


"Belarus Macroeconomic Performance", by Bas B. Bakker, Senior Resident Representative - Economy of Belarus: At a Tipping Point Conference, Minsk, November 4, 2015

"Convergence of the EU new members states: Past, Present and Future", by Bas B. Bakker, Senior Resident Representative - NBP-OeNB CEEI/CFEE Conference, Warsaw, October 16, 2015

"Eurozone banks and Growth in CESEE", by Bas B. Bakker, Senior Resident Representative - The Fourth EU-Southeast Europe Summit, Sofia, October 15, 2015


"Recovery at risk? - CEE external vulnerability", by James Roaf, Senior Resident Representative - CASE, Warsaw, May 27, 2014

"CESEE economies: Outlook and challenges", by James Roaf, Senior Resident Representative, Zagreb, May 23, 2014

"CEE Economies After a Decade in the EU", by James Roaf, Senior Resident Representative, Warsaw, April 9, 2014

News Archive

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IMF Activities in Central and Eastern Europe

Albania |  Belarus |  Bosnia and Herzegovina |  Bulgaria |  Croatia |  Czech Republic |  Estonia |  Hungary |  Kosovo |  Latvia |  Lithuania |  Moldova |  Montenegro |  Macedonia, FYR |  Poland |  Romania |  Serbia |  Slovenia |  Slovak Republic |  Ukraine | 

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About Us

The IMF Regional Office in Warsaw was established in February 2005, succeeding the Resident Representative office for Poland. Its primary task is to enhance the IMF's ability to carry out surveillance in Central and Eastern Europe, including with regard to financial stability, economic convergence and integration, and the jobs and growth agenda.

To this end, the Regional Office:

  • complements the work of headquarter-based mission teams by focusing on post-crisis issues across the region;
  • cooperates with regional partners within the Vienna 2 Initiative framework for safeguarding financial stability in the region;
  • monitors and analyzes economic developments from a regional perspective, identifies policy issues, and informs the IMF's staff at headquarters;
  • maintains contacts with governments, civil society and other relevant institutions (such as the European Commission and the ECB);
  • provides information to the media and other interested groups about the IMF's economic analysis and policy advice in the region.