Details of the gross domestic product formation show the shift back to domestic demand-led expansion, as private consumption and public investments grew by 0.7% and 0.4%, respectively, compared to the last quarter of 2013, while exports went up just 0.2% quarter-to-quarter.
Also, the business climate survey and the consumer confidence survey both show continued expectations of positive economic developments, Euler Hermes analysts said, noting however that the Ukraine crisis poses a key downside risk to the growth forecast.
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