In the run-up to the annual general meeting of the European Bank for Reconstruction and Development in Kiev there were encouraging indications that dire predictions about the economic demise of the countries of central and eastern Europe are looking increasingly wide of the mark.
Thats certainly the view of Marion Muehlberger, emerging market economist at Deutsche Bank in Frankfurt. In a recent research report, Eastern Europe: Tentative signs of a soft landing, she argues that a growing number of economic indicators point...