The latest Latvian figures show Latvian unemployment rates are still above the EU rate. However, salaries increased in all Baltic countries.
The liberal policies of Serbia's Prime Minister Ana Brnabić are beginning to bear fruit. GDP growth in the Q1’18 reached 4.5 per cent, exceeding previous forecasts of 3.9 per cent.
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...
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.
More and more companies in Poland face difficulties in finding employees. EU data related to the job vacancy rate suggest that other EU countries are in a much worse situation.
In H1'17, a clear economic recovery in the countries of Central and Southeast Europe is visible, with a permanent decline in unemployment and relatively high GDP growth compared to the rest of the European Union.
The Slovenian economy is expected to grow by over 4.5 per cent in 2017, but the country must tackle labor market bottlenecks and drive ahead with privatization in order to sustain long-term growth, OECD says.
At a recent meeting of the ECOFIN and representatives of the Republic of Serbia, the guidelines for further economic and social reforms on the path of Serbia to membership in the European Union have been agreed.
Several years have passed since Hungary experienced the financial crisis, and the economy of the country seems to be moving in the right direction.