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Last year most of the countries of the former Yugoslavia and Albania actually grew modestly. Serbia’s economy grew by 1.6%. Macedonia grew by 3%, Bosnia by 1.2% and Montenegro by 2.2%. This year however the rate of growth is forecast to fall. Croatia’s economy did not grow at all in 2011 and is expected to contract by 0.6% in 2012.
Balkan economies: Mostly Miserable | The Economist
Balkan economies: Mostly Miserable | The Economist