Q2 GDP: The Trough Is Nigh

October 2009
Emerging Europe Monitor: Central Europe & Baltic States;Oct2009, Vol. 16 Issue 10, p1
Country Report
The article reports on the economic condition of Eastern European countries. It says that the countries' Q209 real gross domestic product (GDP) growth figures released, showed a sharp deepening of the recession. Under the recession, Lithuania, Romania, Russia and Hungary have dropped their GDP to 22.4% year-on-year, 8.8%, 10.9% and 7.6% respectively over the second quarter of 20009. Meanwhile, several European countries have better economic position.


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