22/05/2007 4:24:44 pm
Continued Economic Boom In the East. The European Bank for Reconstruction and Development, EBRD, regularly publishes a Transition Report of the economic situation in the countries of Eastern Europe, former Soviet Union and the Balkans. They just published a new one in May, which is interesting reading. Growth rates are double-digit in a number of countries. For some, the oil exports are naturally important. The high growth rates in other countries are more due to free-market reforms, like Estonia and Latvia. But there are also countries where reforms appear to have stalled, like Croatia, and in comparison with some of the others, so have growth rates.

Read the EBRD Transition Report here - >