Eastern European economies will strengthen in 2011 on the back of greater household purchasing power and competitive exports, states SEB's Eastern European Outlook released today (23 March).
Overall, economic conditions will strengthen across the region over the next two years, with exports driving growth this year. Head of eastern European analysis Mikael Johansson, responsible for the report, says consumption and capital spending are awakening from their crisis-period hibernation as employment levels and wages improve, providing solid support for the growth.