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Central Europe Needs Reforms to Boost Slowing Growth Potential, IMF Says

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Amid the slowdown in Western Europe, Central and Eastern Europe can still contribute much more than its economic weight to the growth of the European Union, but to do so, the region must fundamentally develop the successful growth model of recent decades - said Carlos Mulas Granados, the International Monetary Fund's regional representative for Central, Eastern and Southeastern Europe, at the Portfolio Back to Europe conference.

·Budapest, Hungary
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The countries of Central and Eastern Europe need reforms to boost economic growth, in response to increased demographic pressures and increased challenges from China's exports, the regional representative of the International Monetary Fund said on Tuesday, Reuters.

Reforms to boost economic growth are needed by the countries of Central and Eastern Europe, according to the IMF (International Monetary Fund), which believes that ... The article The IMF calls for immediate reforms in Eastern and Central Europe to reduce the growth gap was published in NewsIT.

The need to promote reforms in Central and Eastern European countries to boost their growth potential was underlined on Tuesday by the International Monetary Fund’s regional representative, Carlos Mulas-Granados. The region is facing growing demographic pressures and a growing challenge from Chinese exports. These factors, combined with weaker prospects in key trading partners, limit the possibilities of maintaining the high growth rates recorde…

"The time needed to close the convergence gap (with Western Europe) is much longer," said Carlos Mulas-Granados.

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Hospodárske Noviny broke the news in Bratislava, Slovakia on Tuesday, October 6, 2026.
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