Roland Berger CEE Crisis Survey II: CEE managers see light at end of tunnel
Sustained upturn not expected until 2011
• Central and Eastern Europe is showing initial signs of economic recovery
• The stock markets have made up much of the lost ground, the national currencies are stable again, and forecasts for 2010 are slightly positive
• Yet CEE managers are still adopting a wait-and-see stance. They don't expect sustainable economic growth to kick in until the end of 2010
• The mood remains downbeat, particularly in the southeastern part of the region
• Companies are still struggling with declining orders and delays in payment. A new problem to emerge in the last half year has been falling prices
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