I would be cautious in declaring victory over inflation and at the same time a bright economic outlook. There is a really long delay between monetary policy measures and their effects, says Jan Frait, Deputy Governor of the Czech...
The Czech state-owned energy company ČEZ sold its assets in Romania. There are plans to sell also assets in Bulgaria, Turkey and Poland. The focus will be on the Czech Republic and modernization of the Czech energy...
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,...
Poland could gain more than USD8bn per year thanks to the relocation of some of the production operations from China to other countries, according to a report Trade routes after the COVID-19 pandemic” by the Polish Economic...
There are many reasons why Central and Southeast Europe (CSE) is not attractive to foreign investors, most notably high levels of corruption, legal restrictions that prevent or restrict Venture Capital (VC) investment, unsettled...
The Czech government approved the Finance Ministry’s proposal to increase the state deficit to CZK300bn (EUR10.9bn), up from the previously estimated CZK100bn (EUR3.6bn). This is already the worst budgetary performance since...
The rate of economic growth in Poland and the Visegrad Group countries (Czech Republic, Hungaary, Slovakia and Poland; V4) has not reflected the markedly weaker economic situation in Germany and the Eurozone countries over the...
Countries in Central and Southeast Europe (CSE) show larger share of value added by foreign-controlled enterprises to their economies than their peers in western and southern Europe. They also have a higher share of foreign...
Favorable economic indicators had a positive impact on investment in 2019 in the office, industrial and hotel development markets in Hungary, according to Lóránt Kibédi Varga, managing director of CBRE Hungary. Investment...
At the end of December last year, the Czech Ministry of Finance drafted a new policy regarding state-owned assets. It outlined which companies should remain in state hands and which should be privatized. The sellout of those...