Six countries in South East Europe (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia) face a sharp slowdown in growth in 2012 amid heightened uncertainties in the Eurozone, says a new World Bank Economic Report. In the short term, the report says that several countries must implement sustained fiscal consolidation to reverse adverse debt dynamics and establish a basis for more dynamic, long-term growth. At the same time, the countries are facing a considerable structural reform agenda to improve productivity and competitiveness and reform their labor markets and public sectors, at the same time addressing high social pressures from increasing unemployment, poverty expansion and greater vulnerability of the middle class.