The European Bank of Reconstruction and development (EBRD) has a positive outlook for Latvia in 2019. It expects Latvian growth to be the highest among the Baltic States and forecasts is at 3.5 per cent of GDP.
Statistical data show that in recent years there has been no change in the degree to which Poland lags behind the United States in terms of economic development, measured as the share of employment in agriculture.
According to the latest Eurostat data, hourly labor costs rose by 2.5 per cent in the Eurozone and by 2.7 per cent in the EU28 in the Q3’18 y/y. The corresponding numbers for the Q2’18 were 2.3 per cent and 2.7 per cent respectively.
The decrease of FDIs in the countries of the Central and Southeast Europe was accompanied by a recovery in the so-called greenfield investment. FDI inflow may increase but it will not return to the levels recorded before the global financial crisis.