WASHINGTON–(ENEWSPF)–April 20, 2012 ― The moderate recovery in Emerging Europe and Central Asia (ECA) in 2010-2011 is now threatened by continued uncertainty and recession in the Eurozone, resulting in slowing growth across most of the region in 2012, World Bank officials said at a press briefing during the World Bank/IMF Spring Meetings 2012. Governments need to take actions on the fiscal, financial, and social fronts, with the growing demographic pressures in most countries of the region making these actions even more urgent.
