Regional Economic Outlook
October 17, 2025

Europe’s growth is slowing and debt rising. Closing the productivity gap with the US is firmly in Europe’s grasp. Discussions need to move from recognition to action: deepen integration, raise productivity and secure long-term fiscal sustainability.
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IMF Regional Office for Central and Eastern Europe
September 2025
Office Activities
The International Monetary Fund (IMF) has appointed Carlos Mulas-Granados as its new Regional Representative for Central, Eastern, and Southeastern Europe, effective September 2, 2025. He will succeed Geoff Gottlieb, who is returning to IMF headquarters after three years of service in the Fund’s Warsaw-based office. Mr. Mulas-Granados, a Spanish national, most recently served as Deputy Chief in the IMF’s Strategy Unit, where he oversaw the Fund’s engagement with the International Monetary and Financial Committee and the G20. He has previously held senior economist positions in various IMF departments, contributing to missions in Brazil, Croatia, Costa Rica, Portugal, Senegal, and the United Kingdom, and leading analytical work for IMF’s flagship publications, such as the World Economic Outlook, the Fiscal Monitor and Europe’s Regional Economic Outlook. The rotation of Resident Representatives is a standard IMF practice designed to support staff development and ensure the continued effectiveness of its global operations.
September 1, 2025
News and Highlights
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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.


