Vienna

Growth Outlook for Central Europe

I work in slovakia, and I am always quite astonished by the atricles which state that "astonishlingly it is less than the EXPERTS have assumed", and they keep on writing it, and people keep on reading it. Well reading is not understanding. As to Slovakia, the Auto and mechanical industry is basically cumming to a halt.

These are the key industries, so I wonder how we make it with minus 4 per cent, if the industrial production goes down significantly (and surely it is more than the experts say, we will hear that astonishingly it was much more than minus 25%).

If I was allowed I could place the prodcution forcast here, considering that oders get placed approx. 3-6 month before delivery, which means by now we must know what is in the pipeline till end of the year, and I am telling you, it is close to NULL.