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Poland: Economic Growth to Accelerate Further
Today, the U.S. rating agency Fitch has revised its economic forecast.
February 5, 2014
Austria: OeNB Forecasts Modest Economic Growth
According to the Austrian National Bank (OeNB) economic growth in Austria only came at 0.3 percent last year.
January 24, 2014
Eurozone: Highest Economic Growth in Two Years
The purchase manager index for the private economy increased to 53.2 points up by 1.1 points, as published by Markit research institute on Thursday.
January 23, 2014
Czech Economy to Grow Not Sooner than 2016
The Czech economy will struggle to show economic growth both this and next year, according to the Czech Federation of Trade Unions CMKOS.
January 21, 2014
Erste Group: Moderate Economic Recovery in Eurozone
Euro area sentiment indicators point to a continuation of the moderate recovery, according to Erste Bank.
January 20, 2014
Czech Republic: Euro Introduction Has no Priority
In an interview with Bloomberg, designated prime minister Bohuslav Sobotka said that there will be no date for entering the Eurozone in the current term.
January 17, 2014
Czech Republic: Economic Growth Expected to Expand
The Czech Banking Association (CBA) has adjusted its economic forecast and expects a growth rate of 1.9 percent for the Czech economy this year.
January 14, 2014
CESEE: Lack in FDI Causes Modest Economic Growth
The International Monetary Fund (IMF) is cautiously optimistic about economic growth in CESEE.
January 14, 2014
Romania: Economic Growth not Sustainable Yet
In the third quarter of 2013, Romania´s GDP growth amounted to 4.1%. Nevertheless, Romania is still far from a sustainable economic recovery.
January 11, 2014
Czech Economy: Good Prospects for Sustainable Recovery
The Czech economy is expected to return to growth already in the first half of 2014. Growth will not be only based on exports.
January 10, 2014
Slovenia: Growth through Diplomatic Network
Slovenian Finance Minister Karl Erjavec assured that throught diplomatic network the country’s economy will still be supported.
January 9, 2014
Poland: On Path of Recovery and Growth
The Polish economy has been growing steadily since the beginning of 2013. However, budget deficit slightly exceeded forecasts.
January 7, 2014
Czech Economy to Return to Growth
After two years of GDP contraction, the Czech Republic will reach moderate economic growth rates in 2014.
January 2, 2014
CEE: Economic Sentiment Cautiously Optimistic
The economic sentiment for Eastern European countries is becoming more optimistic, however, only cautiously. Poland is on top of the list of economists at JP Morgan.
January 2, 2014
Serbia: Moderate Economic Growth in 2013
According to the release of the Serbian Statistical Office, GDP is estimated to have grown 2.4% in 2013.
January 2, 2014
Slovenia: FDI to Remain Low in 2014
No improvement in increasing foreign direct investments in Slovenia is expected this year. The country has one of the smallest shares in inward FDI among EU member countries.
January 2, 2014
Hungary: Best Economic Outlook since 2002
After the country had left the double-dip recession, the Hungarian economic sentiment index has reached the highest level in more than 11 years. Nevertheless, the country still has to manage number of fundamental risks.
December 28, 2013
Romania: Growth to Slow Down
In 2014, Romania´s GDP growth will only reach 2.0%, Turkish GarantiBank forecasts.
December 28, 2013
Austria: Kapsch Delivers Warning to Policy-Makers
Georg Kapsch, President of the Federation of Austrian Industries (IV), is very cautious about economic growth in Austria and warns the policy-makers of a budget consolidation on the basis of expectations of growth.
December 27, 2013
„CESEE No Driver Yet“
Birgit Kuras, CEO of Vienna Stock Exchange, thinks that the Vienna Stock Exchange is highly influenced by the CESEE operations of listed companies.
December 23, 2013
Austria: Industrial Output Shrinks
In October the industrial production in Austria declined.
December 23, 2013
Hungary: Positive Outlook, Negative Frame Conditions
In the short term, Hungary´s economy will accelerate. However, it is still uncertain whether the country achieves a sustainable return to growth.
December 21, 2013
CESEE: Dependence on Foreign Demand Remains Main Obstacle
In 2014, Central, Eastern and Southeastern Europe (CESEE) faces a slight upward trend. The structural difficulties persist, however.
December 21, 2013
Wifo: Sluggish Growth Because of Weak Consumption
According to Wifo’s (Austrian Institute of Economic Research) prognosis for the coming years, economic upturn in Austria will remain flat because of weak consumption.
December 19, 2013
CESEE: Potential to Return to Pre-Crisis Growth
According to a report published by the business adviser McKinsey, countries of Central, Eastern and Southeastern Europe are fundamentally strong.
December 18, 2013
Macedonian Banks Should Support Private Sector
Deputy Prime Minister and Finance Minister Stavreski calls upon Macedonian banks to support the private sector.
December 18, 2013
Poland: Budget Bill Approved by Lower House
On Friday, the Polish lower house Sejm approved next year’s budget bill which schedules the budget deficit of PLN 47.6bn not to be exceeded.
December 16, 2013
Emerging Markets Face Decrease in Risk Appetite
Foreign investors become more and more cautious about investing in emerging markets. Regions like Central, Eastern and Southeastern Europe are highly dependent on foreign sentiments.
December 14, 2013
Czech Republic: Banking Sector Proves Stable
According to the latest results of the bank stress test by the Czech National Bank (CNB), the domestic financial institutes remain resistant to a potential negative development.
December 12, 2013
Poland: Interest Rate to Remain at Record Low
In the first half of 2014, the National Bank of Poland (NBP) will not alter the reference rate, economists say.
December 10, 2013
Czech Republic: Industrial Output Slowed Down
In October, the industrial performance in the Czech Republic only grew by 3.5 percent on a year-on-year comparison basis.
December 9, 2013
Austria: Slight Increase in Exports
In spite of a continuing difficult international environment domestic exports increased by 0.7 percent. According to Economy Minister Mitterlehner the Austrian exports are on a record high.
December 6, 2013
Belka: Recovery Will Be Longer
According to Marek Belka, governor of the National Bank of Poland (NBP), the country’s economy sees a continuing and persistent recovery.
December 5, 2013
Czech Republic Remains in Recession
The Czech economy continues to shrink. Above all, private consumption and investments are weak.
December 5, 2013
Austria: Debt Quota to Increase Slightly
Because of the new EU regulations the debt quota will increase by around 2.5 percent.
December 3, 2013
Poland: GDP Growth Speeds up
The long-awaited economic recovery starts to accelerate in Poland.
December 2, 2013
Polish Economic Growth Boosted by Exports
Due to the growing exports, Poland´s GDP accelerated in the third quarter.
November 29, 2013
CESEE: Slight Growth Acceleration, but Uncertainties Persist
The Vienna Institute for International Economic Studies (wiiw) has published the economic forecast for the CESEE region today. The economic performance varies substantially from country to country.
November 28, 2013
Poland: IMF Corrects Growth Forecast Upward
Growth forecasts for next year were increased by 0.3 percent by IMF.
November 25, 2013
Wide Parts of CESEE Region Below Pre-Crisis Level
In terms of economic output, a large number of CESEE countries have not reached the level of 2008 yet. The growth outlook remains cautious.
November 25, 2013
Austria: Decent Economic Outlook
Despite an economic acceleration, the macro-economic frame conditions remain difficult in 2014. A major risk factor is the fiscal situation.
November 24, 2013
Czech Republic Among Most Open Economies in EU
In terms of foreign trade, the Czech Republic is one of the most open economies in the European Union, the Czech Statistical Office reports.
November 20, 2013
Austria: Consumers Become More Cautious
Weak consumption is the main reason for the stagnation in Austria.
November 19, 2013
Bank Austria: Economic Recovery Continues
The Bank Austria Business Indicator provides an overview of the current economic situation in Austria.
November 18, 2013
Romania: Growth Leader in the EU
In the first three quarters, Romania´s economic growth rate reached 2.7%
November 16, 2013
Poland: Economy Accelerates Visibly
In the third quarter of 2013, Poland´s GDP growth reached 1.9%. In the EU, Poland´s growth rate is only beaten by the Baltic countries.
November 15, 2013
EU Commission: Slovenia Makes “Key Progress”
Slovenia is among 16 EU member states that require comprehensive assessment of macroeconomic imbalances. According to a report published by the EU Commission, the small country shows significant improvement.
November 14, 2013
Austria: Slight Economic Growth
The Austrian Institute for Economic Research (Wifo) has forecast an increase of the macroeconomic production by 0.2 percent in real terms compared to the previous quarter.
November 14, 2013
Czech President Sceptical about CNB’s Forex Intervention
Czech President Zeman expressed his reservations about the Central Bank’s latest forex interventions.
November 12, 2013
Stable Outlook for Recovery of Austrian Economy
The outlook for economic improvement has stabilized. Both Wifo’s economy test and Wifo’s early indicator point to an upward trend.
November 8, 2013
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