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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 2016
Economic growth remains solid in much of Central, Eastern, and Southeastern Europe (CESEE). Outside the Commonwealth of Independent States (CIS), growth has continued at a good pace on the back of accommodative macroeconomic policies as well as buoyant consumption supported by strong real wage and employment growth. In Russia, the pace of economic contraction has moderated, as the economy appears to have adjusted to lower oil prices and the sanctions shock. Other CIS economies are gradually exiting from recessions on improved external demand. For the region as a whole, GDP growth is projected to reach 1.3 percent in 2016 and 2.1 percent in 2017, largely reflecting the improved outlook in the CIS.

Download the full report (PDF)

Read IMF Survey Story: Emerging Europe: Mostly Growing, but Questions Remain About Medium-Term Growth, November 2, 2016

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News and Highlights

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

Presentations

2017

Exchange Rate Regimes in Emerging Europe, by Bas B. Bakker, Senior Resident Representative - 5th Regional Meeting of Governors, Umag, March 30-31, 2017

CESEE Economic Outlook, by Bas B. Bakker, Senior Resident Representative - Vienna Initiative Plenary Meeting, Luxembourg, March 6, 2017

Update on Foreign Banks Deleveraging, by Bas B. Bakker, Senior Resident Representative - Vienna Initiative Plenary Meeting, Luxembourg, March 6, 2017

Investment Dynamics in Poland, by Bas B. Bakker, Senior Resident Representative - Presentation of EIB report, Warsaw, February 27, 2017

Regional Economic Issues in CESEE, by Bas B. Bakker, Senior Resident Representative - Vienna, February 8, 2017

Global Economy in 2017, by Bas B. Bakker, Senior Resident Representative - The Central and Eastern European Forum, Vienna, January 17, 2017

Belarus and the IMF, by Bas B. Bakker, Senior Resident Representative - JVI Course - Financial Programming and Policies - Raubichi, January 25, 2017

2016

Main Risks for Belarussian Economy and Prospects for Belarus-IMF cooperation, by Bas B. Bakker, Senior Resident Representative - Workshop “Economic Environment for Businesses”, Minsk, December 14, 2016

CESEE: Remaining challenges for faster growth, by Bas B. Bakker, Senior Resident Representative - SITE Academic Conference, Stockholm, December 5-6, 2016

Economic and Financial Issues in CESEE, by Bas B. Bakker, Senior Resident Representative - Vienna, November 28, 2016

Phoenix from the Ashes: The Recovery of the Baltics from the 2008/09 Crisis, by Bas B. Bakker, Senior Resident Representative - CASE Conference, Warsaw, November 18, 2016

CESEE Regional Economic Outlook, by Bas B. Bakker, Senior Resident Representative - Minsk, November 3, 2016

Western Balkans in Post-Brexit Europe, by Bas B. Bakker, Senior Resident Representative - Bank of Albania & SEESOX annual conference, Tirana, October 27, 2016

CESEE and EU: Closing the remaining gaps, by Bas B. Bakker, Senior Resident Representative - 26th Economic Forum in Krynica, Krynica, September 6, 2016

Cross Country Differences in Convergence in CESEE, by Bas B. Bakker, Senior Resident Representative - Conference "Traces of Transition: Unfinished Business 25 Years Down the Road," Stockholm, May 27, 2016

CESEE Main Economic Issues, by Bas B. Bakker, Senior Regional Resident Representative - Commerzbank CEEMEA Day, London, May 20, 2016

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

2015

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

2014

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.