{
  "title": "Central, Eastern and Southeastern Europe: Regional Economic Issues; November 2015",
  "publication": "Europe, November 13, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe1",
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  "overlayPath": "/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe1/index.md",
  "summary": "While a modest contraction in activity is expected this year for the Central, Eastern and Southeastern Europe (CESEE) as a whole, this reflects widely divergent country-specific developments.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- While a modest contraction in activity is expected this year for the Central, Eastern and Southeastern Europe (CESEE) as a whole, this reflects widely divergent country-specific developments.\n- Most economies are growing at a relatively healthy pace, with the exception of Russia and the rest of the CIS, which are in recession.\n- CESEE growth is expected to turn positive in 2016, but risks are tilted to the downside.\n- Regional financial markets have, generally, weathered well the recent bouts of market volatility stemming from worries about Grexit, slowing activity in China, and falling commodity prices.\n- This update was published on November 13, 2015."
    },
    {
      "heading": "Main findings and themes",
      "content": "- Main Points:\n  - Reconciling Fiscal Consolidation and Growth\n- Survey Magazine Article:\n  - Emerging Europe Sees Stronger Growth Ahead, but Faces New Risks"
    },
    {
      "heading": "Regional composition (as defined in the report)",
      "content": "- CESEE region includes Turkey and the following four sub-regions:\n  - Central and Eastern Europe (CEE), consisting of the Czech Republic, Hungary, Poland, the Slovak Republic and Slovenia\n  - Southeastern Europe (SEE), consisting of Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Montenegro, Romania and Serbia\n  - The Baltic region, consisting of Estonia, Latvia and Lithuania\n  - The CIS group, consisting of Belarus, Moldova, Russia and Ukraine\n\nCentral, Eastern and Southeastern Europe: Regional Economic Issues; November 2015\n\n---\n\n Content in this bundle\n\n- ЕСЕН 2015 РЕГИОНАЛНИ ИКОНОМИЧЕСКИ ВЪПРОСИ; за Централна, Източна и Югоизточна Европа\n  - ЕСЕН 2015 РЕГИОНАЛНИ ИКОНОМИЧЕСКИ ВЪПРОСИ; за Централна, Източна и Югоизточна Европа (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - ЕСЕН 2015 РЕГИОНАЛНИ ИКОНОМИЧЕСКИ ВЪПРОСИ; за Централна, Източна и Югоизточна Европа (PDF){rel=\"external\" type=\"application/pdf\"}\n- JESEN 2015 REGIONALNE EKONOMSKE TEME; o Srednjoj, Istočnoj i Jugoistočnoj Europi\n  - JESEN 2015 REGIONALNE EKONOMSKE TEME; o Srednjoj, Istočnoj i Jugoistočnoj Europi (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - JESEN 2015 REGIONALNE EKONOMSKE TEME; o Srednjoj, Istočnoj i Jugoistočnoj Europi (PDF){rel=\"external\" type=\"application/pdf\"}\n- REGIONÁLNÍ EKONOMICKÉ PROBLÉMY, JARO 2015 Střední, východní a jihovýchodní Evropa\n  - REGIONÁLNÍ EKONOMICKÉ PROBLÉMY, JARO 2015 Střední, východní a jihovýchodní Evropa (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - REGIONÁLNÍ EKONOMICKÉ PROBLÉMY, JARO 2015 Střední, východní a jihovýchodní Evropa (PDF){rel=\"external\" type=\"application/pdf\"}\n- Regionalne Kwestie Ekonomiczne Na Wiosnę 2015 R.\n  - Regionalne Kwestie Ekonomiczne Na Wiosnę 2015 R. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Regionalne Kwestie Ekonomiczne Na Wiosnę 2015 R. (PDF){rel=\"external\" type=\"application/pdf\"}\n- REGIONÁLNE EKONOMICKÉ PROBLÉMY, JAR 2015; stredná, východná a juhovýchodná Európa\n  - REGIONÁLNE EKONOMICKÉ PROBLÉMY, JAR 2015; stredná, východná a juhovýchodná Európa (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - REGIONÁLNE EKONOMICKÉ PROBLÉMY, JAR 2015; stredná, východná a juhovýchodná Európa (PDF){rel=\"external\" type=\"application/pdf\"}\n- JESEN 2015 – REGIONALNA GOSPODARSKA VPRAŠANJA; v Srednji, Vzhodni in Jugovzhodni Evropi\n  - JESEN 2015 – REGIONALNA GOSPODARSKA VPRAŠANJA; v Srednji, Vzhodni in Jugovzhodni Evropi (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - JESEN 2015 – REGIONALNA GOSPODARSKA VPRAŠANJA; v Srednji, Vzhodni in Jugovzhodni Evropi (PDF){rel=\"external\" type=\"application/pdf\"}\n- Orta, Doğu ve Güneydoğu Avrupa\n  - Orta, Doğu ve Güneydoğu Avrupa (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Orta, Doğu ve Güneydoğu Avrupa (PDF){rel=\"external\" type=\"application/pdf\"}\n- Executive Summary\n  - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}\n- FALL 2015 REGIONAL ECONOMIC ISSUES; on Central, Eastern and Southeastern Europe\n  - FALL 2015 REGIONAL ECONOMIC ISSUES; on Central, Eastern and Southeastern Europe (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - FALL 2015 REGIONAL ECONOMIC ISSUES; on Central, Eastern and Southeastern Europe (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n- Emerging Europe Sees Stronger Growth Ahead, but Faces New Risks\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe1"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe1/index.md)",
    "[Structured JSON version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe1/index.json)",
    "[Bundle manifest](/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe1/bundle-manifest.json)",
    "Published: November 13, 2015",
    "Series: Europe",
    "While a modest contraction in activity is expected this year for the Central, Eastern and Southeastern Europe (CESEE) as a whole, this reflects widely divergent country-specific developments.",
    "Most economies are growing at a relatively healthy pace, with the exception of Russia and the rest of the CIS, which are in recession.",
    "CESEE growth is expected to turn positive in 2016, but risks are tilted to the downside.",
    "Regional financial markets have, generally, weathered well the recent bouts of market volatility stemming from worries about Grexit, slowing activity in China, and falling commodity prices.",
    "This update was published on November 13, 2015.",
    "Main Points:",
    "Survey Magazine Article:",
    "CESEE region includes Turkey and the following four sub-regions:",
    "**ЕСЕН 2015 РЕГИОНАЛНИ ИКОНОМИЧЕСКИ ВЪПРОСИ; за Централна, Източна и Югоизточна Европа**",
    "**JESEN 2015 REGIONALNE EKONOMSKE TEME; o Srednjoj, Istočnoj i Jugoistočnoj Europi**",
    "**REGIONÁLNÍ EKONOMICKÉ PROBLÉMY, JARO 2015 Střední, východní a jihovýchodní Evropa**",
    "**Regionalne Kwestie Ekonomiczne Na Wiosnę 2015 R.**",
    "**REGIONÁLNE EKONOMICKÉ PROBLÉMY, JAR 2015; stredná, východná a juhovýchodná Európa**",
    "**JESEN 2015 – REGIONALNA GOSPODARSKA VPRAŠANJA; v Srednji, Vzhodni in Jugovzhodni Evropi**",
    "**Orta, Doğu ve Güneydoğu Avrupa**",
    "**Executive Summary**",
    "**FALL 2015 REGIONAL ECONOMIC ISSUES; on Central, Eastern and Southeastern Europe**",
    "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)",
    "[Modify your profile](https://www.imf.org/en/email-subscription/login)",
    "[Emerging Europe Sees Stronger Growth Ahead, but Faces New Risks](http://www.imf.org/external/pubs/ft/survey/so/2015/CAR111315A.htm)"
  ],
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