The liberal policies of Serbia's Prime Minister Ana Brnabić are beginning to bear fruit. GDP growth in the Q1’18 reached 4.5 per cent, exceeding previous forecasts of 3.9 per cent.
The model of capitalism emerging in Central and Southeast Europe is similar to the Southern European model. The region is so diverse, however, that a homogeneous regional model of the economy is unlikely to develop.
The fiscal policy in Croatia is largely based on the ad hoc discretionary measures. However, over the last ten years, especially after the crisis in 2008, an increasing number of countries are trying to ensure long-term...
Despite favorable global economic conditions, inflation in Poland remains moderate, writes Poland’s central bank, NBP in its “Inflation report, July 2018”.
Despite the good short-term prospects, the world economy will experience a slowdown, which may be accompanied by trade wars – these conclusions from the World Economic Outlook report set the tone for the IMF and World Bank...
The small Balkan state of Montenegro, a country closest to the full membership in the European Union out of several countries of the Western Balkan, is in a dire need for financial reforms.
On May 2018, Dušan Vujović, the Serbian Minister of Finance submitted his resignation. Siniša Mali, the mayor of Belgrade, replaced him.
The Ukrainian economy is growing very slowly. Meanwhile, the World Bank is recommending a thorough reconstruction of the entire system.
The European Commission (EC) issued a report on the Serbia’s progress in reforms and praises Serbian economic developments. Good progress is achieved in some major areas, particularly with regard to the budget deficit.
Albanians are the most sceptics in Europe – they don’t trust public institutions and see the business environment as unfavorable. Albania’s Business Confidence is projected to be 1.4 Index Points in Q2’18 according to a...