EBRD cuts forecasts for three key states

The European Bank for Reconstruction and Development on Sunday cut growth forecasts for Ukraine, Kazakhstan, and Romania – three key countries for emerging markets investors – because of difficulties arising from the global credit crunch and mounting inflation.

EBRD: 2008 Annual Meeting and Business Forum, Kiev, Ukraine, 18-19 May 2008 http://www.ebrd.com/pages/news/press/2008/080514.shtml

European Bank for Reconstruction and Development http://www.ebrd.com/

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