The recession has bottomed out in Eastern Europe, but recovery will be shaky and uneven, Swedish financial group SEB predicts in the October 2009 issue of its Eastern European Outlook. The main reasons for the fragile recovery are public-sector budget consolidation and the fact that credit tightening will ease only slowly, SEB said.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
