in unit labour costs. Despite this (and despite growth being weaker than expected in the euro zone), NMS foreign trade … continues to perform excellently. Foreign trade has been even more instrumental in generating GDP growth in the first quarter of … 2005 than in the past. It should be pointed out, however, that NMS trade with the 'old' EU has grown at a relatively slower …

growth in Ukraine has been spectacular, reflecting weak investment demand and the deterioration of foreign trade. By and …

outstanding feature of last year's economic developments was a boost in foreign trade (or of intra-EU dispatches and arrivals in … their aggregate trade balance slightly deteriorated (in fact foreign trade contributed positively to GDP growth in Poland … and 72% of imports represent intra-EU trade. Given the high (and rising) export surpluses of Russia and Ukraine - in both …

outstanding feature of last year's economic developments was a boost in foreign trade (or of intra-EU dispatches and arrivals in … their aggregate trade balance slightly deteriorated (in fact foreign trade contributed positively to GDP growth in Poland … and 72% of imports represent intra-EU trade. Given the high (and rising) export surpluses of Russia and Ukraine - in both …

in unit labour costs. Despite this (and despite growth being weaker than expected in the euro zone), NMS foreign trade … continues to perform excellently. Foreign trade has been even more instrumental in generating GDP growth in the first quarter of … 2005 than in the past. It should be pointed out, however, that NMS trade with the 'old' EU has grown at a relatively slower …

growth in Ukraine has been spectacular, reflecting weak investment demand and the deterioration of foreign trade. By and …

universal scale, reflecting a revival in domestic demand (both consumption and investments) and a deterioration of trade …’ trade and capital flows, for example) may have also borne some unwelcome consequences. One of these consequences may have … monetary policies. These, in turn, could support high capital inflows (carry trade) and even stronger nominal appreciation of …

natural external environment not only through mutual trade, capital and labour flows, but also through ‘intangible links … Ukraine, even with relatively slow growth in domestic demand, foreign trade will not be in a position to support overall GDP … to the deterioration in cost competitiveness. The return of a rise in trade deficits in the Baltic countries (and some …