EBRD serbia economic growth forecast 2012

World Economic outlook - EBRD serbia economic forecast for 2012  : The European Bank for Reconstruction and Development (EBRD) has cut the anticipated 2012 economic growth rate for Serbia by almost a half, thus reducing it to 1.1 per cent, EBRD posted on its website on Tuesday.

Serbia economic prospects for growth in 2012

World Economic outlook - Serbia economic prospects for growth in 2012 : Serbia’s reliance on exports to the European Union and adjacent markets may reduce its prospects for growth in 2012, an International Monetary Fund official said.

With almost 85 percent of Serbian exports sent to EU states or aspiring members, a protracted crisis in the euro area could lead to another revision of Serbia’s growth outlook for next year, country representative Bogdan Lissovolik wrote in an article published today by the Belgrade-based Economics Institute Institute. The IMF last month cut its forecast for 2012 growth in the Balkan state to 1.5 percent from 3 percent.

Serbia GDP Growth Forecast 2012 - 2013

World Economic outlook Serbia GDP Growth Forecast Through 2012 : Serbia’s economy will expand slower than previously forecast through next year because of concern Europe’s sovereign-debt crisis will hinder investment and trade, central bank Governor Dejan Soskic said.

The bank lowered this year’s growth forecast to 2 percent from 2.5 percent, while gross domestic product will grow 1.5 percent next year, compared with an earlier prediction of 3 percent, Soskic told reporters in Belgrade today.