IMF: Central and Eastern Europe's economy is growing solidly

Solid economic growth occured in most Central and Eastern European and South-Eastern European economies, while the shrinkage of the gross domestic product in Russia will decline and other former Soviet states slowly leave the recession behind them – IMF's regional survey reveals.

According to the study, published on Wednesday by the Monetary Fund, the growth in the Hungarian economy will accelerate to 2.5 percent next year from this year's 2 percent, while personal consumption will increase by 3.2 percent in both years, and the public debt will decline from 75.3 percent to 75.1 percent of the GDP. (MTI)