It has been several weeks since the first news of Russian troops invading the sovereign territory of Ukraine shook the world.
Russia is a small country. From an economic perspective, that is. According to the IMF, the country’s GDP amounted to $1.7 trillion in 2021. That is barely 10% of the European Union’s GDP, or roughly the combined output of...
The Russian invasion of Ukraine has forcibly reshaped the psychological, emotional and geopolitical map of Europe. It is time for a reappraisal, including of what went wrong in the reconfiguration of Europe since the Berlin...
“The process of cyclical economic slowdown began already at the turn of 2019. Both the current and the forecasted path of the synthetic indicator of the current situation would be similar, even if the coronavirus pandemic...
The International Monetary Fund in its autumn projections seems to invariably envisage a V-shaped recovery, as it expects global GDP to grow by 5.2 per cent in 2021 following the 4.4 per cent decline in 2020. And yet never before...
In a published quarterly report on the current account Slovenia’s central bank provides some apparently optimistic numbers. And so between January and April 2020, Slovenia’s current account surplus amounted to EUR1.1bn, which...
After the spread of coronavirus caused a sudden drop in demand for oil, major oil countries, led by Saudi Arabia, came up with a plan to prevent further fall in prices. However, those plans were hindered by Russia whose economy...
Development depends on the economy's saturation with entrepreneurs who are motivated by the desire to creative new things, and not just to make a living for themselves. That is why the expansion of start-ups is so important.
In May 2018, the level of the Leading Economic Indicator, informing of the future trends in the economy, has not changed significantly compared to April. It has increased by 0.3 points, and is 3.4 points below its recent local...
At a recent meeting of the ECOFIN and representatives of the Republic of Serbia, the guidelines for further economic and social reforms on the path of Serbia to membership in the European Union have been agreed.