In 2004 the Austrian-based OMV acquired in a privatization process 51% of the Romanian national oil company Petrom. Two and a half years later this privatization is again in the focus of political attention in Romania. The current government and the media consider the selling price and the...

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...

Graph of the month Inequalities in hourly earnings at PPP measured by the Gini index, 2002-2010 (p. 1) Opinion corner Presidential election in Romania will the new broom sweep cleaner? (by Gábor Hunya; pp. 2-3) Earnings levels, inequality and coverage rates of collective agreements (by Sebastian...

Growth in the CESEE region will follow the unimpressive pattern displayed by the euro area. The longer-term convergence of income levels in the CESEE countries can no longer be expected to be as rapid as was assumed a decade or so ago. Growth in the period 2015-2017 is not going to deviate...

Summary The paper compares three countries (Hungary, Poland and Romania) in terms of the number of greenfield FDI projects and of GDP by NUTS-2 sub-country regions. We discuss whether the particular regions received a smaller or larger share of projects than their share in GDP. Then we outline...

The Czech Republic high growth likely to slow down (by Leon Podkaminer, pp. 1-3) Countries covered Czech Republic Topics Macroeconomic Analysis, Forecasts and Policy Hungary convergence programme revised (by Sándor Richter, pp. 4-6) Countries covered Hungary Topics Macroeconomic Analysis,...

Regional employment patterns and prospective developments in the new EU member states (by Roman Römisch) Countries covered Czech Republic, Hungary, Poland, Slovakia, Slovenia, Estonia, Latvia, Lithuania, Bulgaria, Romania Topics Regional Development A difficult birth the EU's financial...

Bulgaria economic sluggishness expected to drag on (by Rumen Dobrinsky; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Bulgaria Topics Macroeconomic Analysis and Policy Czech Republic deepening recession(by Leon Podkaminer; pp. 4-6) Keywords economic forecasts, GDP...

Regional investment policy impacts on FDI location in Poland (by Gábor Hunya; pp. 1-6 ) Keywords FDI, investment policy, regional Countries covered Poland Topics International Trade, Competitiveness and FDI; Regional Development Creating fiscal space in the European Monetary Union (by Jan...

This 15th edition of the wiiw-wifo Database on foreign direct investment (FDI) contains 2002 data for the Central and East European countries (CEECs) and the Former Soviet Union (FSU). It also makes a forecast for the year 2003 based on the balance of payments of the first quarter of the year...