Monthly Report No. 4/2010

Getting back to business in emerging Europe (by S. Schadler; pp. 1-6) Keywords real convergence, crisis, fiscal policy Countries covered New EU Member States Topics Macroeconomic Analysis and Policy The crisis of the euro area and the need for a structural reform (by K. Busch; pp. 7-11) Keywords international policy coordination, beggar-thy-neighbour, optimal currrency area, fiscal policy, wage policy Countries covered European Union Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Real convergence and price levels in the enlarged European Union (by L. Podkaminer; pp. 12-13) Keywords real convergence, inflation Countries covered European Union Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Hungary after the elections (by S. Richter; pp. 14-15) Keywords Hungary, fiscal policy Countries covered Hungary Topics Macroeconomic Analysis and Policy; Other Statistical Annex Selected monthly data on the economic situation in Central and Eastern Europe (pp. 17-24) Guide to wiiw statistical services on Central, East and Southeast Europe, Russia and Ukraine (p. 25)