For the very first time in the history, the average salary in the Czech Republic surpassed CZK34,000 (EUR1,316), according to the Czech Statistical Office (CSO). In the Q2’19, the average salary increased by 7.2 percent y/y.
The influx of workers from Ukraine boosts Poland's GDP by 0.3-0.9 percentage point per year, but this positive impulse won't step up anymore, predicts Jakub Growiec, an economic adviser at Poland’s central bank, NBP.
In the shadow of the Brexit saga, the European Commission presented reports on the procedure for coordinating economic policy in EU countries. In seven of them, the scale of the reduction of imbalances is unsatisfactory.
Romania's Ambassador to Pakistan, Nicolae Goia, has discussed with Pakistani Prime Minister's chief assistant Sayed Zulfikar Abbas Bukhari on bringing Pakistani workers to Romania.
For years, Russia has been compensating its own population decrease by leaving its borders open for migration from “donor countries” in the former Soviet Union.
“Gig economy” describes an economy based on performing tasks and projects, increasingly often offered through digital platforms, and replacing a regular full-time employment.
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.
The position of young people on the Serbian labor market is extremely unenviable. It’s hard to find a job and they rarely have the opportunity to get a permanent one.
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.
Central and Southeast European (CSE) spending on robotics and related services will grow to more than USD4.2bn in 2020, according to the International Data Corporation (IDC).