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.
K&H Bank analyst, Dávid Németh, says that he expects Hungarian wages to grow slightly more slowly in 2018 than last year, predicting net wage growth of more than 10 per cent and real wage growth of 8 per cent this year.
More than one-fourth of Macedonians with higher education live abroad. Neither the European integration nor foreign investment were able to protect Macedonia against the dramatic outflow of labor force and brain drain.