The Ukrainian central bank’s recently published report on the country’s financial stability provides an overview of the current condition of Ukraine’s economy in a nutshell. The financial standing of households and businesses is improving but the international situation is changing for the...
The growth rate of the European economies slowed down in 2019, but mechanisms adopted by the European Union after the recent financial crisis do not indicate a build-up of macroeconomic imbalances. The situation in 13 EU member states requires an in-depth review. Poland is not among them.
Republic of Srpska (Republika Srpska, RS) is one of the two political entities of Bosnia and Herzegovina, the other being the Federation of Bosnia and Herzegovina. It is defined by dense forests, mountains and rivers.
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.
The macroeconomic imbalances in the economies of the European Union member states are improving slowly but surely. The survey on imbalances conducted by the European Commission assesses risks of another crisis.
The hidden public debt is important for the sustainability of public finances, both in Poland and in the world. The latest financial crisis and expanding a scope of state responsibilities have contributed to the global increase in this type of debt.
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 functioning of the Belarusian economy under President Alexander Lukashenko's rule has already surprised many economic experts in Western Europe. Many of them have no idea how the country achieved a budget surplus, which in some sectors amounted to USD1.5bn.