BBC: East Europe banks back economies

BBC NEWS | Business | East Europe banks back economies

The central banks of the Czech Republic, Bulgaria,
Poland, Romania and Slovakia have issued a joint statement defending
their economies.

They said that recent warnings about their economies were "misleading".

Eastern European countries have come under scrutiny in recent
weeks amid fears about their economic prospects and reliance on foreign
debt.

The countries' currencies and stock markets have also fallen sharply as the downturn has intensified.