This is the second of three volumes on economic conditions in Europe. Part I overviews the economic situation and outlook in the ECE region and updates the more extensive analysis provided earlier in the year in the first volume. Part II contains a selection of papers presented at an April 1998 seminar devoted to problems of enterprise and bank restructuring in transition economies. Part III is a statistical appendix of long-run series for macroeconomic variables in ECE member countries, incorporating data available in June 1998. No index. Annotation c. by Book News, Inc., Portland, Or.