25 per cent of EU funds from the last financial framework have been already allocated in contracts, but by the end of the year this figure should have reached 50 per cent.
In spite of the EU directive recommending the application of the fiscal rules and the supervision of the budget targets, in the years 2010-2016 only seven EU member states reduced their debt-to-GDP ratio.
Croatian economic development depends on the German economic growth – these are the conclusions of the Croatian Economic Chamber report.
The Balkans should complete the existing custom union by establishing the free trade area, where goods and labor could flow without the barriers.
Russia’s economy is a cocktail of conservative macroeconomic policy, state and crony capitalism a blend of protectionism and efficient authoritarianism, said Anders Aslund, PhD, member of the Atlantic Council and CASE.
Serbia has to seize the opportunity from the successful fiscal consolidation, said Aleksandar Vlahovic, President of the Serbian Association of Economists during the Kopaonik Business Forum.
2016 was not a kind year to the Ukrainian economy. GDP increased by 1.8 per cent. According to experts it will not be easy for Ukraine to catch up. The external and internal conditions are not conducive to economic growth.
Figures for 2016 show that Latvia trailed Lithuania and Estonia in import and export volume, while Lithuania has the largest trade deficit.
Thanks to the far-reaching reduction of taxes, Romania has a chance to become a new regional power, able to attract foreign investors. However, the unresolved problem of corruption at a level unprecedented in the European Union...
Kosovo, Bosnia and Herzegovina and Macedonia used to be the economically poorest and least developed regions in the former Yugoslavia. Today, they are still far away from being on the right path to welfare and prosperity.