Pandemics are nothing new in the history of human kind. They differ from global economic crises in many ways. Any economic forecasts prepared during a pandemic, including those referring to the shortest possible periods of time, are highly unreliable and can be a source of increased uncertainty.
Figures for 2016 show that Latvia trailed Lithuania and Estonia in import and export volume, while Lithuania has the largest trade deficit.
I am confident that for the next 5 to 10 years Poland will continue to grow if the world economy is growing without a major global recession or depression, says Peter Jarrett, PhD, Head of the OECD Central and Eastern Europe Unit.
Two leading Polish economists discussed the record of the government on the eve of the first anniversary of its coming to power at a seminar organized by the CASE Centrum Analiz Spoleczno- Ekonomicznych, (Center for Social and Economic Research) and mBank in Warsaw.
Over the years, the Visegrad Group was more of a geographical rather than a political concept. Currently there is a political rapprochement between the countries of the group.
Investments in Romanian real estate sector for the first half of 2016 is at the highest level for the last five years, according to the last CBRE Romania report on investment market.
According to early data on economic growth in the Q2’16 in Poland, the economy grew by 3.1 per cent compared with the Q2’15. Investment may be the cause of the biggest concern, but that is not the picture of the economy as a whole.
Fitch has confirmed its long-term credit rating for Croatia in foreign and local currency at BB and the short-term credit rating at B, while maintaining a negative outlook for both.
Pessimism and/or realism and the decline of Europe, with all its possible consequences, were the main themes at the mBank-CASE (Center for Social and Economic analysis) seminar.
Bulgaria wants to cut its fiscal deficit to 0.5 per cent of GDP by 2019 and protect its currency's peg to the euro, its mid-term budget forecast shows.
