Changes in short-term interest rates have a significant impact on the economy, but the size of this impact is curbed by a relatively small role of credit as a source of financing for Polish enterprises.
The clientelist principle by which family and friends of officials always get good state jobs once again excited the public. There are many cases of nepotism and corruption in the Southeast Europe.
Labor costs have been rising at the fast rate, but they still are only 12.6 per cent of the operating costs. Poland has large pockets of underpaid labor in the economy, says Piotr Boguszewski, PhD.
Many experts only focus on the negative phenomena of the Belarusian economy, and ignore the positive signals, which have become clearer in recent years and are worth noting.
In December 2018, the National Assembly of the Republic of Serbia adopted the state budget for 2019. The GDP growth is projected to be 3.5 per cent, and the budget deficit is estimated at 0.4 per cent of GDP.
The new Hungarian labor code regulations extend the working week to six days, that is 48 hours per week. The trade unions have been protesting against the changes since late November.
Serbia is the first country ranked in the IBM Global Positioning Trends Report based on the number of jobs created by foreign direct investment (FDI).
According to the report of the European Commission's Ageing Working Group, the ratio of pension expenditures in relation to GDP in Poland will not change significantly between 2016 and 2050. However, the pension replacement rates...
Economists from the Warsaw School of Economics warn that the economic recovery after the last recession in the Central and Southeast Europe (CSE) had already lasted 20 quarters, and that the important leading indicators had gone...
Standard & Poor's (S&P) kept Croatian BBB's rating in the end of September 2018, and changed the prospects from stable to positive, thanks to expectations that the Croatian economy will continue to grow.