Central, eastern and southeastern Europe face "unusual constellation of risks" the International Monetary Fund has said, while strategists caution over investor complacency.

The warning came as tensions in Ukraine rattle global markets and investor sentiment, even as growth slowly recovers across the euro zone. The region -- excluding Russia and Turkey -- is projected to grow 2.3% in 2014, almost twice last year's pace.

"Geopolitical tensions surrounding Russia and Ukraine, challenging global financial conditions as monetary policy in advanced economies normalizes, and the possibility of protracted weak growth in the euro area could take a toll on the region's growth prospects," the IMF noted in its spring Regional Economic Issues report, which was issued Tuesday.

Source:http://www.thestreet.com/story/12687278/1/imf-strategists-warn-over-europes-risk-to-stocks.html