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News tagged with „Turkey“

  • 89 News

September 2014

18.09.2014 – ZEW (ljr/ggr/jpr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Decrease

In September 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) slightly decrease . In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has lost 7.9 points and now stands at a rather balanced level of 3.3 points. The majority of 43.3 per cent of the survey participants does not expect any changes in the economic conditions of the CEE region over the next six months. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

August 2014

14.08.2014 – ZEW (lja/ggr/jpr)

ZEW-Erste Group Bank Economic Sentiment - Indicator for Central and Eastern Europe (CEE)

In August 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) decrease. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has lost 16.1 points and now stands at a level of 11.2 points. Economic sentiment for almost all individual CEE countries except Poland has decreased. The largest deterioration of economic expectations in this month’s survey is displayed by the indicator for Turkey. It drops by 25.7 points. The decrease of expectations for the country might reflect financial market experts’ assessment of increased political uncertainty. read more

July 2014

17.07.2014 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Current Situation and Economic Expectations Decline

In July 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) have partly reversed last month’s increase. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has lost 9.8 points and now stands at a level of 27.3 points. read more

June 2014

20.06.2014 – ZEW (zil/jpr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Current Situation and Economic Expectations Improve

In June 2014 the economic expectations for Central and Eastern Europe including Turkey (CEE region) reach their highest level since the beginning of this year. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 37.1 points after a double-digit increase by 11.1 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts’ expectations for the CEE region on a six-month time horizon. read more

May 2014

15.05.2014 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Decreased

In May 2014 the economic expectations for Central and Eastern Europe including Turkey (CEE region) slightly decreased by 6.1 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 26.0 points. Among the individual countries, Croatia showed the largest decrease. The respective indicator dropped by 10.2 points. In contrast, the indicator of economic expectations for Turkey has further improved this month with the respective indicator gaining 18.3 points. read more

April 2014

17.04.2014 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Improved

In April 2014 the economic expectations for Central and Eastern Europe including Turkey (CEE region) have improved by 24.0 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 32.1 points. Economic expectations for all individual countries have also increased. The indicators for the Czech Republic (up 19.4 points) and Romania (up 18.6 points) have improved most. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts’ expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

March 2014

20.03.2014 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Move Sidewards

In March 2014 Economic expectations for Central and Eastern Europe including Turkey (CEE region) have remained roughly unchanged. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has declined marginally by 0.9 points to a level of 8.1 points. read more

February 2014

20.02.2014 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Decline Once Again

In February 2014, economic expectations for Central and Eastern Europe including Turkey (CEE region) have worsened by 10.9 points. After last month's major drop, the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region reaches 9.0 points, its lowest level since December 2012. read more

January 2014

23.01.2014 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Decline

In January 2014, economic expectations for Central and Eastern Europe including Turkey (CEE region) have dropped by 17.6 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at 19.9 points, its lowest level since December 2012. read more

December 2013

19.12.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Decline Slightly

In December 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have slightly decreased. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has lost 4.1 points and now stands at a level of 37.5 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts’ expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

November 2013

21.11.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Improve

In November 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have improved by 7.0 points. Thus, the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 41.6 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts’ expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

October 2013

17.10.2013 – ZEW (zil/ggr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Remain Stable

In October 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) remained stable. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has decreased by 1.1 points and now stands at a level of 34.6 points. read more

September 2013

20.09.2013 – ZEW (zil/ggr/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Stable Economic Expectations for the CEE Region

In September 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) remained almost unchanged. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has increased by 2.4 points and now stands at a level of 35.7 points. read more

August 2013

16.08.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Economic Expectations for the CEE Region Brighten up

In August 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) improved by 7.6 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 33.3 points. Among the individual CEE countries, almost all indicators reflecting economic expectations except those for Poland and Hungary displayed a slight increase in this month's survey. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

July 2013

18.07.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Economic Sentiment for the CEE Region Largely Unchanged

In July 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) remain almost unchanged. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region increases slightly by 1.7 points to a level of 25.7 points. read more

June 2013

20.06.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Economic Sentiment for the CEE Region's Slowdown Partly Driven by Political Turmoil in Turkey

In June 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) drop considerably to the level of January 2013. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region decreases by 20.9 points to the 24.0-points mark. The indicator’s plunge is mostly driven by a sharp decrease of experts’ economic sentiment for Turkey. Driven by the political turmoil and the resulting economic uncertainty in Turkey, the indicator reflecting economic expectations for Turkey has severely decreased by 63.4 points this month. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts’ expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

May 2013

16.05.2013 – ZEW (zil/ggr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Optimistic Trend Recurs

In May 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) display a revision of last month’s decline, thereby crawling back to a positive trend. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe increases by 15.4 points (April 2013: decline by 20.4 points after four consecutive increases). The balance of experts’ expectations is currently set at 44.9 points. In spite of prevailing uncertainty in the eurozone, experts’ optimism increases in May for all countries in the CEE region and for the eurozone (indicator increase by 31.1 points). read more

April 2013

18.04.2013 – ZEW (zil/ggr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Optimism Diminishes

In April 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased for the first time after four consecutive increases. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe has fallen by 20.4 points. At a level of 29.5 points, it still clearly remains in the positive range. The slowdown of economic sentiment might well reflect rising uncertainty regarding the future development of the eurozone’s debt crisis, among others in Cyprus. A downturn in economic expectations is being observed in almost all countries of the CEE region. Only Hungary’s economic expectations have increased by 11.6 points to a level of 22.8 points. The respective indicator of economic sentiment for the eurozone has decreased by 25.1 points. read more

March 2013

21.03.2013 – ZEW (zil/ggr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Positive Sentiment Strengthens

In March 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) improved for the fourth time in a row. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe has increased by 13.6 points. It now stands at 49.9 points. This is the highest level of the indicator since October 2010. The debt crisis in the Eurozone, especially in Cyprus, as well as the difficulties in the government formation in Italy apparently seem to have no major impact on the economic expectations for the CEE region up till now. The optimistic assessment of the economic situation of the CEE region is also reflected by the positive sentiment regarding the macroeconomic development of important CEE countries. Economic expectations increase by 33.8 points for the Czech Republic and by 22.3 points for Poland. read more

February 2013

21.02.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Sentiments Continue to Improve

In February 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have increased for the third time in a row. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has improved by 9.3 points to the 36.3 points-mark. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

January 2013

24.01.2013 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Growing Optimism for the CEE Region

Economic expectations for Central and Eastern Europe including Turkey (CEE) have highly increased by 20.9 points in January 2013. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 27.0 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

December 2012

13.12.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Sentiments Display Moderate Increase

Economic expectations for Central and Eastern Europe including Turkey (CEE) have increased by 9.5 points in December. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now displays a value of 6.1 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

November 2012

15.11.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Strong Increase of Economic Sentiments in the Previous Month Partly Revised

Economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased by 8.9 points in November. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now displays a value of minus 3.4 points. The decrease constitutes a partial correction of last month’s major optimism: in October the Economic Sentiment Indicator rose by 20.1 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

October 2012

18.10.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Rising Optimism

Economic expectations for Central and Eastern Europe including Turkey (CEE) have improved considerably in October. The ZEW-Erste Group Bank Economic Sentiment Indicator has increased by 20.1 points to a level of 5.5 points. Furthermore, rising optimism can be seen in all of the surveyed countries. The economic outlook is brightening up for each country included in the survey in October. Experts are most optimistic for Croatia where economic expectations have augmented by 28.2 points. read more

September 2012

20.09.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Decline Slightly

Economic expectations for Central and Eastern Europe including Turkey (CEE) slightly declined in September. The ZEW-Erste Group Bank Economic Sentiment Indicator dropped to a level of minus 14.6 points after a slight decrease by 5.3 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW)in Mannheim with the support of Erste Group Bank in Vienna, since 2007. read more

August 2012

17.08.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Move Sidewards

Economic expectations for Central and Eastern Europe including Turkey (CEE) have remained almost unchanged in August. The ZEW-Erste Group Bank Economic Sentiment Indicator currently manoeuvres at a level of minus 9.3 points after a slight decrease by 1.7 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

July 2012

19.07.2012 – zil/kbo

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Expectations Decline

Economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased by 7.6 points in July 2012. The ZEW-Erste Group Bank Economic Sentiment Indicator is hence standing at minus 7.6 points. The largest decrease of expectations is observed for the sentiment indicators for Croatia and Slovakia. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), kindly supported byErste Group Bank, Vienna, since 2007. read more

June 2012

21.06.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Pessimism Returns

Economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased by 14.6 points in June 2012. The ZEW-Erste Group Bank Economic Sentiment Indicator currently stands at a balanced level of 0.0 points. read more

May 2012

18.05.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Brighten up

Economic expectations for Central and Eastern Europe including Turkey (CEE) have increased by 9.2 points in May 2012. Consequently, the ZEW-Erste Group Bank Economic Sentiment Indicator CEE currently manoeuvres at 14.6 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

April 2012

19.04.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Economic Expectations for the CEE Region Reversed

Economic expectations for Central and Eastern Europe including Turkey (CEE) have declined by 11.2 points in April 2012. Consequently, the ZEW-Erste Group Bank Economic Sentiment Indicator CEE currently manoeuvres at the 5.4 points-mark. This reverses to some extent the indicator's major increase displayed in the previous month (March 2012: up 36.1 points). The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) with the support of Erste Group Bank, Vienna, since 2007. read more

March 2012

16.03.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Major Improvement of Economic Expectations for the CEE Region

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has increased by 36.1 points in March 2012 to a level of 16.6 points, hence reaching positive territory for the first time since May 2011. At the same time, economic sentiment for the eurozone rose by 36.0 points to a level of 4.6 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with support of Erste Group Bank, Vienna, since 2007. read more

February 2012

16.02.2012 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Sentiment Continues to Improve

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has increased by 7.1 points in February 2012 to a level of minus 19.5 points. Economic Expectations for the eurozone have also slightly increased by 1.3 points to a level of minus 31.4 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

January 2012

19.01.2012 – ZEW (zil/ggr/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Economic Expectations for the CEE Region Brighten Up

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has improved by 14.8 points and reaches a level of minus 26.6 points in January 2012. The increase in experts’ expectations is consistent with their overall expectations for the eurozone. The respective indicator for the eurozone has significantly increased by 30.9 points to a level of minus 32.7 points – the highest level since July 2011. read more

December 2011

15.12.2011 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Economic Sentiments Slightly Decrease – Current Situation Dives into Negative Territory

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has slightly decreased by 4.6 points in December 2011 to a level of minus 41.4 points. Economic expectations for the eurozone have declined by 8.3 points to a level of minus 63.6 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) in Mannheim, with the support of Erste Group Bank in Vienna, since 2007. read more

November 2011

18.11.2011 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Pessimism Returns

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) has decreased by 11.8 points in November 2011 to a level of minus 36.8 points. The decline almost fully reverses last month’s increase (October: up 13.0 points). read more

October 2011

21.10.2011 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Brighten Up

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has increased by 13.0 points in October 2011 for the first time in the last five months. The indicator has climbed up to the minus 25.0 points mark. Economic expectations for the eurozone have also increased by 18.3 points to a level of minus 49.1 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

September 2011

23.09.2011 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Decrease

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has declined by 11.6 points in September 2011 for the fourth consecutive month. The indicator now stands at the minus 38.0 mark. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

August 2011

26.08.2011 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Deteriorate

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has declined significantly by 21.4 points in August 2011. The indicator which displays the expectations of the surveyed financial market experts regarding the economic development in the CEE region on a six-month time horizon now stands at minus 26.4 points. read more

July 2011

22.07.2011 – ZEW (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Stabilise in Central and Eastern Europe

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has declined slightly by 2.5 points to minus 5.0 points in July 2011. In comparison to last month’s major decrease the current development rather displays a stabilisation in experts’ expectations. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) in Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more

June 2011

24.06.2011 – ZEW/Erste Group Bank (zil/ggr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Central and Eastern European Countries: Plunge of Economic Expectations

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) decreases by 23.4 points to minus 2.5 points in June 2011. read more

May 2011

20.05.2011 – ZEW/Erste Group Bank (zil/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE): Economic Expectations Almost Unchanged in Central and Eastern Europe – Major Decline in Inflation Concerns

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has slightly increased by 2.2 points to 20.9 points in May 2011. The indicator for the inflation concerns in the CEE region has displayed a double digit drop by 23.9 points in this month’s survey. This is the first decline of the indicator in this year and the largest decrease among all economies included in the survey. read more

April 2011

15.04.2011 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Economic Expectations for Central and Eastern Europe Recover Slightly

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has increased by 4.8 points to 18.7 points in April 2011. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly since 2007 by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna. read more

March 2011

17.03.2011 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE)- Economic Expectations for Central and Eastern Europe Decline

The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has declined by 10.6 points to 13.9 points in March 2011. The weaker expectations for the economic development in Poland and Slovakia have mainly burdened the outlook for the CEE region in the current survey. The disastrous incidents in Japan didn’t show any influence on the assessment of the polled financial market experts. The answers of the experts concerning the expected economic development in the CEE region on a six-month time horizon which were collected prior to the severe earthquake do not significantly differ from the answers collected after the initial strong earthquake. read more

February 2011

18.02.2011 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Brighten Up

The ZEW-Erste Group Bank CEE Economic Indicator for Central and Eastern Europe including Turkey (CEE region) has increased by 8.3 points to 24.5 points in February. The improvement of the economic expectations for the CEE region on a six month time horizon can be mainly ascribed to the positive outlook for the economies in Hungary and Poland. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly since 2007 by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna. read more

January 2011

21.01.2011 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Weaker Economic Expectations for Turkey Weight on CEE Sentiment

The ZEW-Erste Group Bank CEE Indicator for Central and Eastern Europe including Turkey (CEE region) has dropped by 6.5 points to 16.2 points in January 2011. The economic expectations for the CEE region on a six months time horizon are mostly influenced by the cautious expectations for Turkey. The economic expectations for the CEE region and other financial market data are surveyed monthly since 2007 by ZEW, Mannheim, with the support of Erste Group Bank, Vienna. read more

December 2010

16.12.2010 – ZEW/ Erste Group Bank (mbo/ggr)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Reduced economic expectations for Central and Eastern Europe

The ZEW-Erste Group Bank CEE Indicator has dropped by 8.7 points in December 2010, now noting at 22.7 points. This reflects more cautious economic expectations on a six-months time horizon for Central and Eastern Europe, including Turkey (CEE) compared to the previous month. Economic sentiment and other financial market data for the CEE region are collected on a monthly basis by the Centre for European Economic Research (ZEW), Mannheim, in cooperation with the Erste Group Bank, Vienna. read more

November 2010

19.11.2010 – ZEW/ Erste Group Bank (mbo/ggr)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Improve

The ZEW- Erste Group Bank CEE indicator rises by 12.1 points reaching 31.4 points in November. Thus, the economic expectations on a six months time horizon for the Central and Eastern Europe region including Turkey (CEE-region) improve significantly in the current survey in comparison to the previous month. The economic sentiment indicators for the CEE region are surveyed monthly together with other financial market data by the Centre for European Economic Research (ZEW), Mannheim, with the support of the Erste Group Bank, Vienna. read more

October 2010

22.10.2010 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Inclusion of Turkey into the ZEW-Erste Group Bank Indicator for Central and Eastern Europe

Since October, the ZEW-Erste Group survey for Central and Eastern Europe (CEE region) has expanded by the inclusion of Turkey. Thus, the analyzed CEE region comprises one additional country and the assessment of the financial market experts from Turkey is incorporated in the calculation of all indicators. Furthermore, separate indicators are formed for Turkey. Due to these changes a direct comparison of the current results with the results from the previous months is not entirely possible. read more

September 2010

16.09.2010 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE): Economic Recovery in Central and Eastern Europe Slows Down

The economic expectations for Central and Eastern Europe (CEE) decline by 3.2 points in September. The CEE indicator which reflects the assessment of the financial market experts regarding the economic development in the CEE region on a six months time horizon reaches the 17.3 points mark. Nearly half of the survey participants do not predict any change regarding the development of the business cycle for the next half year in the CEE region. These "neutral" answers, however, do not flow into the calculation of the indicator itself. The economic expectations for the CEE region are surveyed monthly together with other financial market data by the Centre for European Economic Research (ZEW) with support of the Erste Group Bank. read more

August 2010

20.08.2010 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Sentiment Indicators for Central and Eastern Europe Recover

The economic sentiment indicator CEE which reflects the assessment of the financial market experts regarding the economic development in Central and Eastern Europe (CEE) on a six months time horizon increases by 9.1 points in August. Thus, the economic expectations reach the 20.5 points mark. The economic expectations for the CEE region are surveyed monthly together with other financial market data by the Centre for European Economic Research (ZEW) with the support of the Erste Group Bank, Vienna. read more

July 2010

16.07.2010 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Cautious Economic Outlook for Central and Eastern Europe

The economic expectations for Central and Eastern Europe (CEE) decrease by 9.0 points in July. The CEE indicator which reflects the evaluation of the financial market experts regarding the economic development on a six months time horizon reaches 11.4 points in this month’s survey. The economic outlook for the CEE region is surveyed together with other financial market data monthly by the Centre for European Economic Research (ZEW) with the support of the Erste Group Bank, Vienna. read more

June 2010

17.06.2010 – ZEW/ Erste Group Ban (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Decline

The economic expectations in the CEE-region decrease by 14.8 points to 20.4 points in June. 40.9 percent of the financial market experts continue to expect an improvement of the business cycle in the CEE region within the next six months. The CEE indicator which reflects the evaluation of the economic expectations in Central and Eastern Europe on a six months time horizon is surveyed together with other financial market data monthly by the Centre for European Economic Research, Mannheim, with the support of the Erste Group Bank, Vienna. read more

May 2010

21.05.2010 – ZEW/ Erste Group Bank (lja/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Optimistic Economic Expectations for Central and Eastern Europe

The economic indicator for Central and Eastern Europe (CEE) increases by 7.2 points to 35.2 points in May. According to the financial market experts, the CEE region seems to be only marginally affected by the uncertainty regarding the debt crisis of certain Eurozone countries. The CEE indicator is conducted monthly together with further financial market data by the Centre for European Economic Research (ZEW), Mannheim, with support from the Erste Group Bank, Vienna. It reflects the assessment of the economic expectations for the CEE region on a six months time horizon. read more

April 2010

23.04.2010 – ZEW/ Erste Group Ban (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE)- Economic Expectations for CEE Remain at a Positive Level despite the Current Decrease

The economic expectations for Central and Eastern Europe (CEE) decrease by 9.3 points to 28.0 points in April. Thus, the CEE economic sentiment indicator remains positive. The majority of financial market experts (48.0 percent) expect an unchanged development of the business cycle on a six month horizon. The CEE indicator is conducted monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support from the Erste Group Bank, Vienna. read more

March 2010

19.03.2010 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Positive Economic Expectations

The economic sentiment indicator for Central and Eastern Europe (CEE region) increases in March by 16.8 points to 37.3 points. The CEE indicator is conducted monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support from the Erste Group Bank, Vienna. It reflects the assessment of the economic development for the CEE region on a six months time horizon. read more

February 2010

19.02.2010 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Decline

The economic expectations for Central and Eastern Europe (CEE region) decline by 38.6 points to 20.5 points in February. Nevertheless, the ZEW-Erste Group Bank Sentiment Indicator remains in the positive range. The indicator reflects the expectations of the financial market experts regarding the economic development in the CEE region on a six month time horizon. It is calculated on a monthly basis by the Centre for European Economic Research (ZEW), Mannheim, with support from the Erste Group Bank, Vienna. The decline of the indicator can be put into perspective by the fact that the share of survey participants expecting an unchanged economic development in the CEE region within the next half year increases 10.2 percentage points to 34.7 percent. These answers are not incorporated into the calculation of the sentiment indicator. read more

January 2010

22.01.2010 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Remain Optimistic

The ZEW-Erste Group Bank Sentiment Indicator CEE that reflects the business outlook for Central and Eastern Europe (CEE) increases by 7.1 points to 59.1 points in January. 67.3 percent of the polled financial market experts expect the economic situation to improve in the region till mid of the year. The CEE Indicator is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, with support from the Erste Group Bank, Vienna. It reflects the assessment of the economic development for the CEE region on a six months time horizon. read more

December 2009

18.12.2009 – ZEW/ Erste Group Bank (mbo/ggr)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Recover

The economic expectations for Central and Eastern Europe (CEE) improve considerably by 21.1 points, reaching 52.0 points in December. 60 percent of the financial experts surveyed expect an improvement of the economic situation in this region within the next six months. Consequently, the observed decline of the CEE indicator in the previous month only seems to be a onetime adjustment. The CEE indicator together with other financial market indicators is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, with support from Erste Group Bank, Vienna. It reflects the expectations for the economic development of the CEE region for the next six months. read more

November 2009

13.11.2009 – ZEW/ Erste Group Ban (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE): CEE Indicator Declines – Economic Sentiment Remains Positive

The upward trend of the economic sentiment indicator for Central and Eastern Europe (CEE) is interrupted for the time being. The indicator that reflects the economic expectation within a six month time horizon for the CEE region drops 20.0 points. However, the indicator remains positive at 30.9 points. The sentiment indicator is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, with support from the Erste Group Bank, Vienna. read more

October 2009

16.10.2009 – ZEW/ Erste Group Ban (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE)- Economic Expectations for Central and Eastern Europe Remain Optimistic

The expectations of financial market experts for the economic development in Central and Eastern Europe have further improved in October. The CEE Economic Sentiment Indicator which is monthly calculated by the Centre for European Economic Research (ZEW), Mannheim, with support of Erste Group Bank, Vienna, climbs 12.1 points to 50.9 points in the current survey. Thus, the upswing that has started early this year continues. read more

September 2009

17.09.2009 – ZEW (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - The CEE Economic Sentiment Indicator Continues to Rise

The upward trend of the ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) continues in September 2009. Expectations concerning the economic development over the next half year improve by 2.8 points with the index rising to 38.8 points. While 48.1 percent of the surveyed experts anticipate an improvement only 9.3 percent of the participants assume the business activity in the CEE region to worsen within the next six months. The amount of experts anticipating no change has significantly increased to 42.6 percent. read more

August 2009

21.08.2009 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Improve Considerably

The ZEW-Erste Group Bank economic sentiment indicator for Central and Eastern Europe is characterised by a strong increase in August. The balance reflecting the financial experts’ economic expectations for the CEE region on a six months horizon gains 32.0 points in value, reaching 36.0 points. After an adjustment of the indicator in July, the perceived optimism of the past half year seems to grow further. 56.0 percent of all questioned analysts anticipate a rebound of the economy, compared to only 20.0 percent forecasting a further slowdown. read more

July 2009

17.07.2009 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic expectations for Central and Eastern Europe more cautious again

After the upward trend of the business forecast for the CEE region in the previous six months, the financial experts have adjusted their expectations downwards in July. The CEE sentiment indicator loses 16.4 points to 4.0 points at present. Nonetheless, with a share of 38.8 percent the majority of the respondents anticipate an unchanged cyclical development in the CEE area for the upcoming half year. The economic sentiment indicator CEE is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, with support from the Erste Group Bank, Vienna. A similar downwards adjustment was observed in July for the ZEW Sentiment Indicator for Germany as well as for the ZEW/Credit Suisse Economic Indicator for Switzerland. read more

June 2009

18.06.2009 – ZEW/Erste Group Bank (mbo/kbo)

ZEW/Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Outlook for Central and Eastern Europe Strengthens

The optimism for the economic development in Central and Eastern Europe (CEE) strengthens in June. The ZEW/Erste Group Bank sentiment indicator for the CEE region has risen by 14.4 points to 20.4 points. The CEE indicator is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, with support from the Erste Group Bank, Vienna. read more

May 2009

22.05.2009 – ZEW/Erste Group Bank (mbo/kbo)

ZEW/Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for Central and Eastern Europe Turn Positive Again

The financial experts’ business outlook for Central and Eastern Europe (CEE) improves by 9.9 points in May. Currently standing at 6.0 points, the ZEW/Erste Group Bank sentiment indicator CEE has turned positive for the first time since September 2007. read more

April 2009

24.04.2009 – ZEW/ Erste Group Bank (mbo/kbo)

ZEW/Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Recovery of the economic expectations for the CEE area continues

The economic outlook for Central and Eastern Europe (CEE) keeps on recovering in April 2009. The CEE sentiment indicator, reflecting the surveyed analysts’ economic expectations on a six month time horizon rises in the current survey by 28.8 points to minus 3.9 points. Hence, in accordance to the positive development of other indicators, the recovery prospects of the analysed CEE countries improve. Nonetheless, more than 45 percent of the questioned financial experts forecast no significant change of the business cycle in the region. The CEE indicator is captured monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Group Bank AG, Vienna. read more

March 2009

20.03.2009 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Further Stabilise

The economic outlook for Central and Eastern Europe (CEE) has further stabilised in March. The CEE sentiment indicator, which is calculated as the balance of negative and positive assessments with regard to the expected economic development on a six month horizon, increases marginally by 0.6 points in the current survey reaching minus 32.7 points. The steep rise of the previous months has slowed down and a majority of the questioned financial experts now consider an unchanged business cycle within the coming six months to be most probable for the CEE region. The CEE sentiment indicator is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Group Bank AG, Vienna. read more

February 2009

20.02.2009 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe: Economic Prospects for the CEE Region Recover – Still Pessimistic Assessment of the Current Situation

Concerns about the difficult economic conditions in some Central- and Eastern European countries have caused turbulences on the stock and exchange markets recently. In the February "ZEW Financial Market Survey CEE", the analysts acknowledge the currently fraught situation. The indicator reflecting the assessment of the present economic situation in Central and Eastern Europe (the CEE region), which is calculated monthly by the Centre for European economic Research (ZEW), supported by the Erste Group Bank, loses 0.7 points and now reaches minus 58.1 points in February. Its currently low value indicates that the respondents take a pessimistic view on the business conditions in the CEE area. read more

January 2009

23.01.2009 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Positive economic development in the CEE region expected

The financial market experts surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Group Bank AG, Vienna, are considerably more optimistic about the economic development in Central and Eastern Europe (CEE) at the beginning of the new year than in December 2008. The CEE indicator reflecting the analysts’ economic expectations on a six month time horizon increases significantly by 15.0 to minus 49.1 points in January 2009. Hence, the economic prospects have improved for the first time since the aggravation of the financial crisis in September 2008. read more

December 2008

11.12.2008 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE)- Pessimistic economic expectations but improved assessment of the current situation in the CEE region

The sentiment indicator for Central and Eastern Europe which shows the economic expectations of the financial market experts surveyed by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Group Bank AG, Vienna, declines in December by 9.6 points to minus 64.1 points. In contrast the survey participants assess the current economic conditions in the CEE region clearly better than in November. The respective balance increases by 13.5 points to minus 9.5 points this month. read more

November 2008

14.11.2008 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE)- Economic expectations for Central and Eastern Europe slightly decline

The economic expectations of the financial experts for Central and Eastern Europe recede slightly by 3.4 points in November, reaching minus 54.5 points. Most of the CEE countries are only marginally affected by the financial crisis and the economic momentum in most CEE economies does not lose much steam so far. Nevertheless, the majority of the questioned experts (65.9 percent) are not persuaded that the competitive advantages of the fast-growing CEE countries will obviate the transmission of the impending economic slowdown from the Eurozone and anticipate also a decelerating economic development in the CEE region. read more

October 2008

17.10.2008 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe (CEE) - Economic expectations for the CEE region diminish in the maelstrom of the financial crisis

The intensified crisis of confidence and the concerns about possible implications for the real economy have a negative impact on the economic expectations for the CEE-region. The CEE sentiment indicator, which is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Group Bank AG, Vienna, drops by 20.5 points to minus 51.1 points in the current survey. read more

September 2008

18.09.2008 – ZEW/Erste Group Bank (mbo/kbo)

ZEW-Erste Group Bank Sentiment Indicator for Central and Eastern Europe - Slightly improved prospects for the economic development in Central and Eastern Europe

The economic expectations for Central and Eastern Europe (CEE) improve slightly once again in September. In the current survey, the ZEW-Erste Group Bank Sentiment Indicator CEE that shows the balance of positive and negative assessments of the economic outlook within the next six months, increases by 0.7 points to currently minus 30.6 points. A growing majority of financial market experts (61.2 percent) forecasts an unchanged development of the business cycle in the CEE region within the next six months. read more

August 2008

22.08.2008 – ZEW/Erste Bank (mbo/kbo/ggr)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Economic expectations for Central and Eastern Europe stabilise

The economic expectations for Central and Eastern Europe (CEE), which are ascertained monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by Erste Bank der oesterreichischen Sparkassen AG, Vienna, stabilise in August. The CEE sentiment indicator that shows the balance of positive and negative assessments of the economic outlook in the next six months improves slightly by 0.1 points to currently minus 31.3 points. read more

July 2008

18.07.2008 – ZEW/Erste Bank (mbo/kbo)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Downward movement of the economic expectations for the CEE region slows down

The downward trend of the sentiment indicator for Central and Eastern Europe (CEE), which is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Bank der oesterreichischen Sparkassen AG, Vienna, flattens in July. The economic expectations of the financial market experts for the CEE region worsen by 2.7 points to currently minus 31.4 points. In contrast to this rather moderate decline, the outlook for the Eurozone dropped 14.7 points to an all-time low of minus 51.0 points in July. read more

June 2008

19.06.2008 – ZEW/Erste Bank (mbo/kbo)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Mostly positive assessment of the current economic situation in Central and Eastern Europe; outlook for the next six months remains cautious for the time being

The economic expectations of the financial market experts improve for the Czech Republic, Romania, Slovakia and Croatia in June. The outlook for the whole region Central and Eastern Europe (CEE) remains cautious for the time being, just like in the previous month. According to the current survey the CEE indicator, which is calculated monthly by the Centre for European Economic Research (ZEW) in Mannheim supported by the Erste Bank der Oesterreichischen Sparkassen AG in Vienna, as the balance of the positive and negative expectations for the economic development in the CEE region for a time period of six months, has declined by 4.6 points and now stands at minus 28.7 points. However, a large proportion of financial market experts (42.9 percent) expect no change in the economic situation of the region. The current situation in the CEE region is still assessed as positive - despite a minor decline in June - with a balance of 34.5 points. read more

May 2008

23.05.2008 – ZEW/Erste Bank (mbo/ggr)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe: Experts are more cautious in their economic expectations for Central and Eastern Europe

After a continuous improvement of the economic expectations for Central and Eastern Europe (CEE) during the last three months, experts appear to be more cautious in May. The CEE-Indicator, which is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Bank der oesterreichischen Sparkassen AG, Vienna, as the balance of the positive and negative expectations for the economic development in the CEE-region for a time period of six months, declines by 11.6 points to minus 24.1 points. Nevertheless, the majority of analysts expect the economic development to remain unchanged. read more

April 2008

18.04.2008 – ZEW/Erste Bank (mbo/ggr)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Economic Sentiment for Central and Eastern Europe continues to rise

The economic optimism for Central and Eastern Europe (CEE) continues to rise in April. This is signalled by a considerable increase of the CEE indicator by 9.9 points to now minus 12.5 points. It is the largest improvement since the indicator was implemented in Mai 2007. The CEE indicator is calculated on a monthly basis by the Centre for European Economic Research (ZEW), Mannheim, supported by Erste Bank der oesterreichischen Sparkassen, Vienna. The indicator shows the balance of positive and negative assessments of the economic outlook for Central and Eastern Europe over the next six months. The increasingly positive forecasts for the development of the CEE stock index and the expected inflation decrease also indicate a further improvement of the region’s economic sentiment. read more

March 2008

13.03.2008 – ZEW/Erste Bank (mbo/ggr)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Economic Sentiment for Central and Eastern Europe recovers considerably

The economic sentiment indicator for Central and Eastern Europe (CEE), which is calculated on the basis of a monthly survey conducted by the Centre for European Economic Research (ZEW), supported by Erste Bank der oesterreichischen Sparkassen AG, Vienna, has recovered in March. The CEE indicator that shows the balance of positive and negative assessments of the economic outlook in the next six months rises by 6.4 points and now stands at minus 22.4 points. Not only the expectations but also the assessments of the current economic situation in the CEE region have improved markedly by 9.8 points and now stand at 40.0 points. read more

February 2008

15.02.2008 – ZEW/Erste Bank (mbo/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Economic expectations for the CEE region stabilise; outlook for the stock markets improves significantly

The economic sentiment indicator for Central and Eastern Europe (CEE), which is calculated on a monthly basis by the Centre for European Economic Research (ZEW), supported by Erste Bank der oesterreichischen Sparkassen, Vienna, has stabilised in February showing a slight increase of 0.2 points compared to the previous month. The CEE indicator, calculated as the balance of positive and negative assessments of the economic outlook over the next six months, is now taking a value of minus 28.8 points. read more

January 2008

18.01.2008 – ZEW/Erste Bank (mbo/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe: GDP growth of 5 percent expected for CEE region in 2008 and 2009. Positive assessment of the current economic situation; economic expectations for the first half of 2008 slightly declining

The monthly survey among financial experts conducted by the Centre for European Economic Research (ZEW), Mannheim, and supported by Erste Bank der oesterreichischen Sparkassen, Vienna, recorded slightly lower expectations for the Central and Eastern European (CEE) region’s economy in January. The CEE indicator, calculated as the balance of positive and negative assessments of the economic outlook over the next six months, fell by 6.3 points to -29.0 points. read more

December 2007

18.12.2007 – ZEW/Erste Bank (mbo/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Downward Trend of Economic Expectations for the CEE Region Slows down

The economic expectations of the financial market experts who are surveyed by the ZEW, the Centre for European Economic Research, Mannheim, supported by Erste Bank der oesterreichischen Sparkassen, Vienna, for Central and Eastern Europe declined for the third month in a row. The drop of 5.0 points, however, measures low compared to the fall in previous months. read more

November 2007

20.11.2007 – ZEW/Erste Bank (kul/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Pessimistic Economic Expectations for the CEE Region Prevail

The financial market experts that are asked about their economic expectations for the CEE region in a monthly survey conducted by the ZEW, the Centre for European Economic Research, Mannheim, supported by Erste Bank der oesterreichischen Sparkassen, Vienna, are increasingly pessimistic. The sentiment indicator has decreased in November and now stands at -17.7 points. The experts' assessment of the current economic situation for Central and Eastern Europe is also lower compared to the previous month's survey but is still predominantly positive. The survey participants attest the Austrian economy to be in a good state, too, but economic expectations have declined markedly. read more

October 2007

23.10.2007 – ZEW/Erste Bank (kul/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and - Eastern Europe Economic Expectations for Central and Eastern Europe Resume Downward Trend

In October, the results of the survey among financial market experts conducted by the ZEW, the Centre for European Economic Research, Mannheim, supported by Erste Bank der oesterreichischen Sparkassen, Vienna, indicate a resumed downward trend of economic expectations for the CEE region after interruption in the previous month. The Sentiment Indicator CEE drops 19.7 points and now stands at -11.4 points. The rating of the current economic situation in the CEE countries has improved, however. For Austria, the pessimistic expectations for economic development also prevail combined with a positive assessment of the current situation. read more

September 2007

25.09.2007 – ZEW/Erste Bank (kul/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Improved Prospects for Economic Activity in Central and Eastern European Countries

The financial market experts who take part in the monthly survey conducted by the ZEW, the Centre for European Economic Research, Mannheim, supported by Erste Bank der oesterreichischen Sparkassen, Vienna, predominantly indicate optimistic business cycle expectations for the countries of Central and Eastern Europe. The assessment of the economic situation has worsened slightly. In contrast, negative expectations now outweigh positive expectations markedly for Austria. The experts also assess the Austrian economic situation more pessimistic compared to last month's survey. read more

August 2007

28.08.2007 – ZEW/Erste Bank (kul/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Experts expect no change of the business cycle development in the CEE countries

Within the next six months, the financial experts participating in the survey carried out by the ZEW, the Centre for European Economic Research, Mannheim, which is supported by Erste Bank der oesterreichischen Sparkassen, Vienna, expect no change of the economic development for the Central and Eastern European Countries. The survey participants assess the economic situation for this region as good. For Austria, negative economic expectations predominate, whereas the economic situation is assessed as positive on balance. read more

July 2007

24.07.2007 – ZEW/Erste Bank (kul/kvs)

ZEW-Erste Bank Sentiment Indicator for Central and Eastern Europe - Neutral Economic Outlook for Central and Eastern European Countries

The financial experts who take part in the survey carried out by the ZEW, the Centre for European Economic Research, Mannheim, and Erste Bank der oesterreichischen Sparkassen, Vienna, do not expect a significant change in the economic development of the CEE countries in the next six months. The experts assess the current economic situation in the Central and Eastern European region as good. For Austria, the situation is also evaluated as good. However, the expectations of the experts concerning the economic development in the next six months have worsened by now. read more

June 2007

26.06.2007 – ZEW/Erste Bank (kul/kvs)

ZEW-Erste Group Bank Economic Sentiment Indicator CEE – Central and Eastern Europe Maintains Favourable Economic Situation

The survey among financial market experts conducted by the Centre for European Economic Research (ZEW), Mannheim, supported by the Erste Group Bank AG, Vienna, shows that experts positively assess the current economic situation in Central and Eastern Europe. Their forecasts for the coming six months are just as optimistic. The situation in Austria is rated very similarly. read more

May 2007

30.05.2007 – ZEW/Erste Bank (mbo/kvs)

New ZEW-Erste Bank economic indicator for Central and Eastern Europe (CEE)- Robust economic activity in the region

In cooperation with Erste Bank, Wien, the Centre for European Economic Research (ZEW) will now be publishing the Financial Market Report CEE every month. This Report provides a continuous flow of information on current and future (6-month horizon) economic sentiment in the Central and Eastern European region, including key aspects such as expectations regarding inflation, interest rates, currencies and equity markets. The results derived for the economic situation (sentiment) for the individual countries and the region provide benchmark-quality indicators for the relevant financial markets. read more


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