Candidate country economies expected to grow fast this year
The Vienna Institute for International Economic Studies (WIIW) forecasts 4 percent growth in Eastern Europe in 2002. Nevertheless, it will still take several generations before these countries catch up with the EU level of development.All candidate countries have resisted the global slowdown well, with the exception of Poland where unemployment rates are exploding, according to the WIIW study.
The Vienna Institute for International Economic Studies (WIIW) forecasts 4 percent growth in Eastern Europe in 2002. Nevertheless, it will still take several generations before these countries catch up with the EU level of development.All candidate countries have resisted the global slowdown well, with the exception of Poland where unemployment rates are exploding, according to the WIIW study.
