IMF Urges Central Europe to Pursue Reforms
Central Europe requires urgent economic reforms to lift growth potential amid demographic decline and rising Chinese competition. The IMF advises diversifying trade and boosting labour participation.
Central and eastern European economies face slower growth due to demographic pressures and trade shifts, according to the International Monetary Fund. The region's medium-term growth outlook has fallen to an average of 2.5% by 2026. This rate sits below the 5% average recorded before those nations joined the European Union.
