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Economic growth in CEE this year is expected to be higher compared with Western Europe, however growth will be significantly slower compared to last year. Russia and Poland will emerge in the strongest position with GDP growth reaching 3.7% and 3%, respectively. In contrast, Hungary is set to slip back into recession while Greece, the most affected by the sovereign debt crisis, isprojected to report GDP contraction for the fourth consecutive year.
Whilst occupier activity has started to weaken, the pace of decline islower compared to Western Europe. Discover more...