| Author (Corporate) | European Commission: DG Economic and Financial Affairs |
|---|---|
| Publisher | European Commission: DG Economic and Financial Affairs |
| Series Title | European Economy: Technical Papers |
| Series Details | No. 16, April 2017 |
| Publication Date | 12/04/2017 |
| ISBN | 978-92-79-64784-0 |
| ISSN | 2443-8049 |
| EC | KC-BF-17-016-EN-N |
| Content Type | Report |
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This is an overview of all seven EU Candidates' and Potential Candidates' economic situations in the third quarter of 2016 - their evolution and forecast. The economic recovery in the Western Balkans strengthened further during 2016 and the region recorded the highest growth rate since 2008. Investment and private consumption continued to support growth in the region, while exports also gained some momentum. Regional current account deficits narrowed for the first time in many years but overall, external positions remain vulnerable in most of the countries. In Turkey, the economy slowed markedly in 2016 with consumption expenditures the main driver of growth and in the context of sharply lower revenues from tourism. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2765/459376 |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Albania, Bosnia and Herzegovina, Europe, Kosovo, Montenegro, North Macedonia, Serbia, Southeastern Europe, Turkey |
