Waiting for EMEA central banks to ease

Waiting for EMEA central banks to ease
There is no doubt that the growth outlook in the euro zone has deteriorated sharply in recent months. This is now beginning to have a clear impact on the EMEA economies. Hence, Hungary and the Czech Republic are already in recession and the outlook for the rest of the year does not seem too bright either. Furthermore, even in Poland, where growth has long remained robust, there are increasing worries about a slowdown in growth. This is also the case in Turkey where growth has also slowed considerably.