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2019/05/14 / Erste Group Research

CEE Special Report: Are budgets really that good?

CEE budgets are benefitting from strong growth, but many countries have not done much to prepare for rainy days. Risks for some of them being put under the Significant Deviation Procedure or even the Excessive Deficit Procedure are rising.

Shortly after EU countries released their convergence / stability programs as part of the 2019 European Semester, the European Commission released its spring economic forecasts on May 7. The comparison of government forecasts with these could already shed some light on how the EC will assess convergence / stability programs later.

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General information

AuthorErste Group Research
Product nameCEE Economies Special Report
Topic in focusFX, Macro/ Fixed income
Economy in focusCroatia, Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia
Currency in focusCroatian Kuna, Czech Koruna, Euro, Hungarian Forint, Polish Zloty, Romanian Leu
Sector in focus-


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