TY - BOOK AU - Astrov,Vasily AU - Bykova,Alexandra AU - Dobrinsky,Rumen AU - Gökten,Meryem AU - Grieveson,Richard AU - Hanzl-Weiss,Doris AU - How,Marcus AU - Hunya,Gabor AU - Jovanović,Branimir AU - Korpar,Niko AU - Kruk,Dzmitry AU - Leitner,Sebastian AU - Mara,Isilda AU - Pindyuk,Olga AU - Richter,Sandor AU - Sošić,Marko AU - Ströhm,Bernd Christoph AU - Tverdostup,Marina AU - Zavarská,Zuzana AU - Żurawski,Adam TI - External weakness dampening robust consumer-driven growth T2 - wiiw Forecast Reports SN - 9783852090801 PY - 2024/// CY - Wien PB - Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) KW - CESEE Central and Eastern Europe KW - economic forecast KW - Western Balkans KW - CIS KW - Ukraine KW - Russia KW - Turkey KW - EU KW - euro area KW - convergence KW - business cycle KW - labour markets KW - unemployment KW - Russia-Ukraine war KW - Russia sanctions KW - commodity prices KW - inflation KW - price controls KW - trade disruptions KW - Ukrainian refugees KW - energy crisis KW - gas KW - electricity KW - monetary policy KW - fiscal policy KW - impact on Austria KW - near-shoring KW - automotive industry KW - droughts KW - Albania KW - Austria KW - Belarus KW - Bosnia and Herzegovina KW - Bulgaria KW - Central and East Europe KW - CESEE KW - Croatia KW - Czechia KW - Estonia KW - Euro Area KW - European Union KW - Hungary KW - Kazakhstan KW - Kosovo KW - Latvia KW - Lithuania KW - Moldova KW - Montenegro KW - North Macedonia KW - Poland KW - Romania KW - Serbia KW - Slovakia KW - Slovenia KW - Southeast Europe KW - US N2 - Economic growth will strengthen in most countries of CESEE in 2025-2026, as lower inflation and interest rates boost real incomes and consumer spending. Investment should also strengthen as interest rates fall, new foreign investment arrives, and EU funds continue to be drawn down. However, the deepening crisis in German industry will continue to weigh on the export-oriented industry of CESEE. The region faces significant downside risks to growth, including a potential victory for Donald Trump in the next US election, and higher energy prices due to tensions in the Middle East UR - https://wiiw.ac.at/p-7026.html ER -