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Eastern European Countries and Austria | Bilateral Relations
Austria and Eastern European countries - Latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism
Poland: FDI Inflow Increases Decently
Last year, Poland recorded only a small increase in foreign direct investments.
January 17, 2013
WSE Among Europe’s Top Five Markets by Value of IPOs in 2012
The WSE ranked #1 in Europe by the number of IPOs and #5 by the value of IPOs in 2012.
January 17, 2013
Construction Output: Sharp Decrease in Slovenia and Slovakia
In the Euro area, the production in construction was down by 0.4%.
January 17, 2013
New Governor at National Bank of Ukraine
Mr. Mykola Azarov and Mr. Sergiy Arbuzov introduce a new Governor of the National Bank of Ukraine.
January 17, 2013
Hungary: Construction Output Decreases
In November 2012, construction output was down by 11.7% on the high base a year ago.
January 17, 2013
Citizens in CESEE Countries Tend to Pessimism
According to a survey carried out by the opinion research institute marketagent.com, pessimism in the countries of central, east and southeast Europe persists.
January 16, 2013
Euro Introduction: Latvian Government Hopes for Public Support
According to Latvia´s minister of Finance Andris Vilks, at least 50% of Latvian citizens should approve the euro introduction next year.
January 16, 2013
Hungary: Poverty Grows Dramatically
More than 33% of Hungary´s citizens are at risk of poverty. Among the EU countries, Hungary ranks fifth.
January 16, 2013
“Strict rules and monitoring mechanisms for a healthy Europe”
Austria´s State Secretary Reinhold Lopatka discusses EU financial matters with Czech State Secretary Vojtech Belling.
January 16, 2013
EU: Romania and Hungary Have Highest Inflation Rates
Euro area annual inflation stable at 2.2%, Eurostat says.
January 16, 2013
Hungary: Sharp Decrease in Industrial Production
In November 2012, industrial gross output declined by 6.9% in volume compared to the same month of 2011.
January 16, 2013
Schwarzenberg Will Not Resign as Foreign Minister
The Czech presidential candidate and foreign minister Karel Schwarzenberg announced to remain in office until the second round of the elections.
January 16, 2013
Croatia: One Step Closer to the EU
According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.
January 15, 2013
Erste Group: Austerity Cuts Also in Austria
After sharp austerity measures in Romania and Hungary, the banking group wants to reduce personnel costs in Austria.
January 15, 2013
Stepic: „CESEE Region Faces Challenging Year“
RBI´s (Raiffeisen Bank International) CEO Herbert Stepic explained that central, eastern and southeastern Europe is still Europe´s growth engine.
January 15, 2013
New Elections in Slovenia?
The government crisis in Slovenia sharpens. Economists warn of a leftist coalition.
January 15, 2013
Erste Group: Massive Write-Downs in Romania
The Austrian banking group reduces goodwill by € 300 million.
January 15, 2013
Hungary Has Highest Inflation Among EU Members
In December consumer prices increased by 5.0% compared to December 2011. I
January 15, 2013
CESEE: Chakrabarti Expects Stabilization
In an interview with the Austrian news magazine „Standard“, EBRD´s President Suma Chakrabarti demonstrates cautious optimism. 2013 will be a better year for the CESEE region, he says.
January 14, 2013
Slovakia Wants to Strengthen Co-Operation with Austria
After a meeting between Slovak Prime Minister Robert Fico and President of Austria´s National Council Barbara Prammer, both emphasized their willingness to realize more common projects in future.
January 14, 2013
Serbia: Time Pressure Grows
In order to become an EU-member, Serbia must present some substantial progress to Brussels.
January 14, 2013
Fitch: Austrian Banking Industry Depends on CESEE
According to the U.S. rating agency, the situation of Austrian banks strongly depends on the development in central, east and southeast Europe.
January 14, 2013
NBP Expects Further Slowdown
Poland´s National Bank (NBP) forecasts an economic growth rate of 1.5% in 2013.
January 14, 2013
Ukraine: Inflation Shrinking Slightly
Mr. Oleksandr Petryk, Director of General Economic Department, has communicated that inflation stood at 0.2% in December 2012, with annual CPI inflation having declined by 0.2% for the first time in the past ten years.
January 14, 2013
Baltic Countries: Strong Increase in Industrial Production
Industrial production down by 0.3% in euro area and EU27.
January 14, 2013
Bulgarian Capital Account Deteriorates
In Q3 2012 the trade balance deteriorated by € 203.5m compared to the same period of 2011, which was entirely due to the increase of the export of investment goods following the recovery of investment activity in the country.
January 14, 2013
Slovakia: Inflation Decreases Slightly
In December 2012, a year-on-year inflation reached a value of 3,2 %, in total, core inflation 3 % and net inflation 2,3 %.
January 14, 2013
Serbia: Inflation Increases Again
In December, the inflation in the Republic of Serbia was up again. The yoy inflation rate remains high.
January 14, 2013
Bulgaria Continues Expansive Monetary Policy
In November money supply measured by means of the aggregate M3 returned to a more accelerated growth: 10.1% on an annual basis, Raiffeisen Research states.
January 14, 2013
Surprise in Czech Republic: Schwarzenberg Just Slightly Behind Zeman
The first presidential election round in the Czech Republic brought a surprise. Zeman ranks first with 24%. Schwarzenberg came in second place with 23%.
January 14, 2013 · Updated: January 14, 2013; 11:22
Bulgaria: Current Account Turns Into Negative Territory
Expectedly the C/A balance deteriorated in October. Cumulatively from the beginning of the year its value also moved to negative territory: EUR -31.6m.
January 12, 2013
Romania: Ponta Promises Return to Growth
Prime Minister Victor Ponta underlines the necessity of austerity measures. This year, Romania´s public debt level will increase further, though.
January 12, 2013
Slovak Industrial Production Grows
Industrial production index (IPI) increased by 5,2 % in November 2012, compared with November 2011.
January 12, 2013
Only Small Budget Deficit in Bulgaria
The cumulative balance remained at -0.1% of GDP. Bulgaria only records a minor deficit of BGN 31m, Raiffeisen Research reports.
January 12, 2013
Slovakia: Turnover Development Positive
Today, the Slovak Statistical Office has published the turnover figures in selected sectors of economy in November 2012.
January 12, 2013
Bulgaria Enters Deflation Zone
A larger-than-expected correction in food prices led to 0.1% deflation in November, Raiffeisen Research says.
January 11, 2013
Bulgaria: Industrial Output Declines
In October industrial production shrank on an annual basis (by 1.5%) for the second consecutive month. At the same time, manufacturing output marked an increase. Construction output continued expanding.
January 11, 2013
Rostowski Wants Further Interest Cuts
Poland´s Minister of Finance calls NBP (Polish National Bank) to continue the expansive monetary policy
January 11, 2013
Slovakia: Wages Growing Moderately
In November 2012, compared with November 2011, the average nominal monthly wage increased in most surveyed sectors.
January 11, 2013
Slovakia: Employment Situation Improves Further
In November 2012, compared with November 2011, the employment increased relatively most in selected market services by 11,2 %.
January 11, 2013
Czech Republic: Retail Trade Sector Declines
In November, sales in retail trade including the automotive segment after seasonal adjustment decreased by 0.6% at constant prices, month-on-month, and working days adjusted by 3.5%, y-o-y.
January 11, 2013
Serbia: External Debt Growing Due to Euro Revaluation
Up by € 746.4m or 3.1% from end-June 2012, external debt of the Republic of Serbia totalled € 24.8bn at end-September 2012.
January 11, 2013
Slovakia: Construction Production Decreases Sharply
In November 2012, construction output decreased, year-on-year, by 13,4 % to EUR 479 million. After seasonal adjustment, it was lower by 0,4 % compared with October 2012.
January 11, 2013
Belka: “We are at the Bottom of the Crisis”
Governor of NBP (Polish National Bank) Marek Belka expects a soon economic recovery.
January 10, 2013
Klaus Meets Merkel
Czech President Vaclav Klaus wants to persuade Merkel to stop the integration process in the EU.
January 10, 2013
Moody´s: Slovak Austerity Plans Not Realistic
According to the U.S. rating agency, the deficit reduction plan may be too ambitious.
January 10, 2013
Slovenia: Jansa Receives Support
Slovenian Prime Minister Janez Jansa receives support from his party SDS. The government crisis continues, though.
January 10, 2013
Serbia: Public External Debt Shrinks
In total, public debt grew by 1% in the third quarter of 2012. The debt-to-GDP ratio falls slightly.
January 10, 2013
First Signs of Economic Recovery
Liquidity is driving the markets, global monetary policy remains heavily expansive. Muted growth outlook for CEE.
January 10, 2013
Lithuania´s Financial Assets Growing Substantially
In the third quarter of 2012, the annual growth rate of Lithuania’s financial assets (6%) exceeded that of liabilities (5%).
January 10, 2013
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