The proper diagnostic on the inflationary nature is a key in adequate calibration of the policy response – thinks Anita Angelovska-Bezohska, Governor of the National Bank of the Republic of North Macedonia.
Europe’s automotive industry has experienced a severe downturn since the onset of the COVID-19 epidemic. From a short-term perspective, the key to recovery in Germany and CEE will be the pickup in sales in the largest markets,...
The World Bank has warned that the COVID-19 pandemic will have "severe consequences" for the economies of the Western Balkans and that recovery will depend on measures taken by the authorities.
The European Commission (EC) prepared an economic reconstruction fund. On top of the EUR500bn in grants, the EC have added the EUR250bn in loans. This means that the total value of the fund will reach EUR750bn, which is a...
A recession is now inevitable. But it will be followed by a quick recovery? The optimists are hoping for a V-shaped recovery, but it can be a little less vigorous, can require a fiscal and monetary stimulus and take a U-shape,...
The global financial crisis took economists, financiers and politicians by surprise, even though it should not have. The levels of household, government and corporate debt were soaring. But we knew how to alleviate the crisis....
The case is simple. No traffic, no money. Sooner or later it will turn out how much money is missing, and then it is going to be even worse. Epidemics and pandemics have a very bad effect on humankind, and most of all on...
Too much money is flowing to a small group of assets. The private and public debt overhang is too large. A new crisis could cost the world one third of the losses of the last one, claims the International Monetary Fund.
It's still not clear whether and if then how the crisis in China will impact Polish economy. So far the stock crisis in the Middle Kingdom hit some of the Polish companies.
The results of spring elections seem to be sealed. The Hungarians may be getting ready for the next four years of the rule by Viktor Orbán and his System of National Cooperation. The Prime Minister’s support is growing, owing...