Recent celebration of ten years of the Vienna Initiative was another reason for the deeper financial integration of the emerging European countries. Vienna Initiative is a framework for safeguarding the financial stability of emerging Europe.
The GDP of Montenegro in the Q2’18 grew 4.9 per cent y/y, following a 4.5 per cent growth in the previous period. It was the strongest pace of expansion since the three months to June of 2017.
Regulation is chasing production as governments try to formulate tax legislation regarding cryptocurrencies and the Polish government plans to do the same.
Over the course of the last dozen or so months, EU institutions, as well as the Polish Financial Supervision Authority have intensified their efforts to help fintech companies to develop.