Before the outbreak of the pandemic the unemployment in the Western Balkans dropped significantly, but it is still unclear how the pandemic will affect the labor market in the region. There is some hope due to the idea of “near-shoring”.
The lockdown restrictions and the state of emergency declared by the Ukrainian government are ravaging the already faltering economy of Ukraine. At the end of March 2020, Ukrainian Prime Minister Denys Shmyhal presented a new macroeconomic forecast for this year, taking into consideration the...
The Youth Study Southeast Europe 2018/2019 says that three factors determine the situation of young people in the Southeast Europe. These are: economic insecurity, low levels of satisfaction, and the pro-European orientation.
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.
Experts from the European Commission (EC) judge that the economy of the European Union (EU) reached the peak of the business cycle in 2017. In the two subsequent years there will be a slowdown, but not a recession.
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 shrinking labor supply that is reported by entrepreneurs from the Central and Southeast European (CSE) countries may soon have a negative impact on economic growth in the region. In the countries of the so-called old EU, this problem is still less important.