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The trust of Eastern Europe investors at record level

The trust of Eastern Europe investors increased at a record level in January, as the estimates showed the region will benefit from the coming back of demand for exports to Western Europe.

An indicator measures the expectations of the investors and the analysts in the region for the following six months increased by 7.1 percentage points, at 59.1 points, the highest level at the beginning of measurements, in December 2007 according to the European institute for Economic research ZEW and Erste Bank.

« The experts on the financial markets estimate that the economic situation in the region will improve to the middle of this year. The evaluation of the economic situation in Central and Eastern Europe indicates a strong improvement" Mariela Borrel, analyst ZEW stated. The countries in Central and Eastern Europe benefit from an increase in demand on the part of the main commercial partners in Western Europe, among which Germany and Frnace, after the decrease in demand of last year brought the majority of Eastern-European states in recession.

The perspective improved mainly for Romania, which formed a new government in December, after months of political trouble. Romania's indicator advanced by 25,7 points, at 64.4, being the third. Romania was followed by Hungary, with an increase of 25.2 points at 64.8.

All the countries recorded an increase of the trust level, with the exception of Austria which recorded a decline of 6.8 points, at 55.7 points. The smallest gain was recorded by Slovakia with 2.7 points, at 61.7 points, according to ZEW.The indicators show the difference between the percentage of analysts with positive perspectives and the percentage of those with negative perspectives and can vary from -100 points to +100 points.

Sursa: http://www.actmedia.eu

Tags: points level investors europe eastern trust

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