Are you sure?

EBRD reduces 2009 eastern Europe growth forecast

  The European Bank for Reconstruction and Development announced on Thursday that it has reduced its 2009 growth forecast for eastern Europe and the former Soviet Union from 3% to under 2%, news agencies reported from London on Thursday.

In its November forecast, the bank projected GDP growth in the countries it covers to slow to 3% in 2009 from an estimated 6.3% in 2008 and from 7.5% in 2007. (MTI-Econews)