Despite the world crisis and unfavorable international environment the National Bank of Serbia has achieved price and financial stability, says the Bank Governor, Jorgovanka Tabaković.
The factor deciding the pace of economic growth is the quality of the economic policy. There is no evidence that the adoption of the single currency inhibits economic growth.
After the ‘Maidan revolution’ of 2014, the National Bank of Ukraine abandoned the exchange rate peg to the US dollar and switched to a flexible exchange rate, which was later formalized within the framework of a newly adopted...
The analysis of the latest measures taken by the world’s major central banks show that they may be losing touch with reality.
In Croatia, like in any other EU member state, the debate on joining the Eurozone divided experts and society. While the ruling elites declare FULL support for the idea, popular scepticism is increasing.
Global oil prices have been partly behind the disinflation trend in CEE since late 2014. Hungary, Poland and Romania are among countries with relatively strong inflation impact of rising fuel prices.
With the assistance of the International Bank for Reconstruction and Development (IBRD), Belarus has said it plans to improve the effectiveness of the national system of administration of state finances.
Inflation in Poland should reach 1.5 per cent in the Q3’2017, i.e. the lower band of deviation from the 2.5 per cent inflation target.
Low growth and low inflation will continue in the eurozone for long, says Zsolt Darvas, Senior Fellow at Bruegel, Brussel. Some countries may have difficulties in refinancing their budget deficits.
The structure of Poland’s economic growth could be an object of envy of Western European countries. GDP growth will be driven by rising consumer spending and growing investment expenditures in the domestic private sector.