EBRD: Eastern Europe resists global slowdown

In its 2001 transition report, the European Bank for Reconstruction and Development (EBRD) said that Central and Eastern European countries will register strong economic growth in 2001 despite the global slowdown. However, the report warns that the poor use of energy resources in Central and Eastern Europe hinders growth and hurts the environment.

In its 2001 transition report, the European Bank for Reconstruction and Development (EBRD) said that Central and Eastern European countries will register strong economic growth in 2001 despite the global slowdown. However, the report warns that the poor use of energy resources in Central and Eastern Europe hinders growth and hurts the environment.