A few reflections on fiscal and monetary policy in the euro area (by J. Pöschl; pp. 1-3) Keywords fiscal policy, monetary policy, euro area Countries covered EU Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Unit labour costs, exchange rates and responses...

European energy security a concern common to both the EU and Russia (by P. Havlik; pp. 1-2) Keywords energy security, gas supply, structural reform Countries covered Russia, EU Topics Macroeconomic Analysis and Policy The current state and prospects of the Russian energy sector (by V. Astrov;...

Table Overview 2013 and outlook 2014-2016 (p. 1) Figure 2013 estimate and 2014 forecast for CESEE growth drivers (p. 2) Bulgaria upcoming early elections take centre stage (by Rumen Dobrinsky; p. 3) Croatia recession continues (by Hermine Vidovic; p. 4) Czech Republic fiscal relaxation to...

Iraq crisis, oil price and economies in transition (by Vasily Astrov) Countries covered Iraq Iraq and the Balkans (by Vladimir Gligorov) Countries covered Iraq, Balkan States Structural change and productivity growth in Central and Eastern Europe (by Peter Havlik) Countries covered CEE Poland's...

Graph of the month Europe Brent Spot Price, fob per barrel, in current USD and euro and real year 2005 euro (p. 1) Opinion corner Russia-Ukraine conflict do Western sanctions have any effect? (by Vasily Astrov, Vladimir Gligorov, Peter Havlik, Michael Landesmann and Olga Pindyuk; pp. 2-6)...

Terms of trade effects and Russian economic growth (by P. Havlik, pp. 1-4) Keywords Russia, economic growth, terms of trade Countries covered Russia Topics Macroeconomic Analysis, Forecasts and Policy; International Trade and Competitiveness; Energy Poland the national stock exchange game...

No take-off in Central, East and Southeast Europe so far (by Vasily Astrov) Albania the remedy is worse than the disease? (by Mario Holzner) Bosnia and Herzegovina still making up its mind (by Vladimir Gligorov) Kazakhstan low oil prices create devaluation pressure (by Olga Pindyuk) Kosovo...

Current situation of the global economy challenges and potential consequences for Central, East and Southeast Europe (by P. Havlik and J. Pöschl, pp. 2-5) Keywords global economy, financial instability Countries covered Wider Europe, OECD, CIS Topics Macroeconomic Analysis, Forecasts and Policy...

Trade and economic integration in the CIS an evaluation (by Vasily Astrov, Peter Havlik and Olga Pindyuk; pp. 1-3) Keywords trade, economic integration Countries covered CIS Topics International Trade, Competitiveness and FDI Volume and variety of intra-bloc trade in an expanded European Union...

Albania candidate? not yet (by Mario Holzner; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Albania Topics Macroeconomic Analysis and Policy Bosnia and Herzegovina slow motion mode perpetuating (by Josef Pöschl; pp. 4-6) Keywords economic forecasts, GDP growth,...