EBRD report warns of ‘middle-income trap’

EBRD report warns of ‘middle-income trap’

Central and Eastern European countries have become stuck in a “middle-income trap” and need new growth strategies and infrastructure to kick off again, the European Bank for Reconstruction and Development said on Wednesday, adding that Greece, Slovenia and Kazakhstan have made progress with privatizations. [Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.