For the very first time in the history, the average salary in the Czech Republic surpassed CZK34,000 (EUR1,316), according to the Czech Statistical Office (CSO). In the Q2’19, the average salary increased by 7.2 percent y/y.
The Ukrainian government is trying to stop the emigration to the West, including Poland. However, there are few signs that the it could succeed in its efforts.
The latest Latvian figures show Latvian unemployment rates are still above the EU rate. However, salaries increased in all Baltic countries.
The average salary in Serbia is the lowest in the region. Politicians are promising the increase but the Serbian GDP doesn’t grow fast enough.
Central European countries want to play a more important role in the European Union and such initiatives as the Visegrad Group are meant to help achieving that goal.
The labour market is really a bright spot of the Polish economy. Employment and wages are growing, unemployment is falling, and a number of indicators show that companies report increasing demand for employees. However, we still...