The European Commission (EC) expects Hungaryʼs GDP to grow 2.5 per cent in 2016 and 2.8 per cent in 2017, an increase on both figures from the winter projection.
A UK exit from the EU (or “Brexit”) would hit Eastern Europe’s economies whose nationals work in Britain, an article in Bloomberg suggests. Although so far, investors have yet to share that concern.
Bulgaria wants to cut its fiscal deficit to 0.5 per cent of GDP by 2019 and protect its currency's peg to the euro, its mid-term budget forecast shows.
Boosted by the country’s economic recovery and historically low interest rates across the Eurozone, the Croatian real estate market experienced significant investments in retail, office and hotel and hospitality sectors in...
Extra daily cross-border capacity between Poland and Germany should be available by June this year after the launch of electricity phase-shifting transformers, the Polish grid operator PSE said.
Carnegie’s ‘Reforming Ukraine’ project published an interesting set of proposals for reforming Ukraine’s ailing economy. We present a brief overview of the main points below.
Eximbank has opened a USD68m credit line to "facilitate the implementation of joint projects" by Georgian and Hungarian companies.
The Austrian company Habau will complete the remaining 2.1 km of a long-awaited gas interconnector between Romania and Bulgaria by August.
US motor giant Ford Motor will invest up to 200 million euros to build the smaller sport utility vehicle EcoSport at its Romanian unit Automobile Craiova, Ford Europe Chief Executive Jim Farley said.
Poland’s oil and gas company PGNiG and Gaz-System operator are in talks aimed at securing the country access to gas from the Norwegian Shelf.