Forecasts for Romania and Central Europe

Forecasts for Romania and Central Europe

Erste Bank presented its forecasts for Central European countries.

Czech Republic and Slovak Republic
Both countries currently shos strong economic development which could last at least for next year.
The only threat comes from development of Euro which could be mitigated for Slovak Republic which will introduce Euro on January 2009.

Czech Crown is currently in its strongest position to Euro, which makes many wrinkles on faces of strong Czech exporters which are leaders of czech foreign market (as CEZ, Skoda Auto, and many others).

Romania

We can expect strong increase in Romania, but it is important how the local government will treat the deficit of foreing trade.

Overall, Central Europe still represents good and profitable investment, but for risk open investors.