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EU Enlargement: A Success Story for Central Europe
Austria is one of the main beneficiaries of the EU enlargement of 2004.
April 30, 2014
Slovenia: ”Everything Will Stand Still”
Due to the current political crisis the fear about devastating impacts on the Slovenian economy is high.
April 28, 2014
Eder: Policy-Makers Have to Make Decisions
Wolfgang Eder, CEO of Austrian steel manufacturer voestalpine, claims not to have heard anything from the Austrian policy makers after he raised criticizm with regard to the Austrian business location.
April 24, 2014
Serbia: EU Negotiations Important for Reforms
According to Tanja Miscevic, chief negotiator in Serbia’s EU accession talks, the opening of the Chapters 23 and 24 are crucial for the reform process in the Western Balkan country.
April 22, 2014
Slovakia as a Role Model?
In an interview with Austrian daily “Wirtschaftsblatt”, Tomas Malatinsky, Economy Minister of Slovakia, talked about budget discipline, investments and tax policy.
April 16, 2014
More than Half of Serbians Aspire EU Membership
55 percent of the Serbian citizens are in favor of the country becoming an EU member.
April 4, 2014
Leitl: “Growth Must Not Mean Less Reforms”
Economic growth is now weaker than in the previous phases of upturn.
March 28, 2014
Hungary: 20th Consecutive Interest Rate Cut
The Hungarian central bank has cut the key interest rate by 10 basis points to 2.6 percent.
March 26, 2014
Slovenia Looking for New Investors
In an attempt is looking for new investors the small Eurozone member country is starting a series of roadshows in Europe starting from Monday.
March 24, 2014
Czech Growth to Speed Up
Due to the increase in foreign demand, the advisory company EY expects the Czech economy to revive this year.
March 24, 2014
Poland: Key Rates to Remain Unchanged until 2015
In an interview with Bloomberg Businessweek magazine, Marek Belka, Governor of the National Bank of Poland (NBP), announced that interest rates will remain unchanced until the end of this year.
March 18, 2014
Serbia: Landslide Victory for Vucic
After Deputy Prime Minister Aleksandar Vucic’s party saw an overwhelming victory in the early parliamentary elections the new government is facing a hard road ahead.
March 17, 2014
Serbia: Vucic Stands Good Chances of Becoming PM
Vucic is regarded new Serbian Prime Minister in the parliamentary elections.
March 15, 2014
CEE: Investments to Boost Economic Growth
In the coming two years economic growth in Eastern Europe is expected to accelerate to an average of two to three percent of GDP triggered by a boost in investments.
March 13, 2014
Poland: “Time for Belt-Tightening”
Poland is required to cut the deficit in the public finance sector.
March 13, 2014
Poland: Economic Growth to Accelerate
According to the latest estimates of the Polish National Bank (NBP), the annual economic recovery could accelerate to 3.7 percent in the period from 2014 to 2016.
March 11, 2014
“Serbia Has to Become Economically and Politically Stable”
Prime Minister Dacic promised to continue to follow the path to an EU membership. Former Austrian Chancellor Gusenbauer underlines Serbia’s importance among Western Balkan states.
March 3, 2014
Slovenia: Economy Minister Rejects New Corporate Taxes
According to newly-appointed Slovenian Minister of Economy, Metod Dragonja, the main driver for economic growth is trade and exports. Instead of introducing new corporate taxes he calls for a fund for domestic enterprises.
February 26, 2014
Leaders from Western Balkans Meeting at EBRD
Prime Ministers from the Western Balkans are gathering to discuss economic cooperations.
February 25, 2014
Serbia: Full EU Member by 2020?
Aleksandar Vucic, Deputy Prime Minister of Serbia, said on Thursday evening that the country had full political stability and announced that the country’s aim is to become an EU member in 2020.
February 22, 2014
Serbia: Structural Reforms to Boost FDI
Recent projections of the National Bank of Serbia (NBS) forecast foreign direct investments (FDI) to increase to € 1bn this year up from € 750m.
February 21, 2014
Poland Ranks High in FDI Attractivity
Polish cities are still very attractive for FDI, according to fDI Intelligence.
February 19, 2014
Bulgaria: FDI Keeps Increasing
FDI (foreign direct investments) increased by € 1,229.4m in Bulgaria in 2013 while equity capital came at € 953.4m last year.
February 18, 2014
Serbia: FDI of Great Importance for Economy
According to Deputy Prime Minister Vucic, the country’s biggest problem was the rate debt rate and fiscal deficit.
February 14, 2014
Serbia: FDI for Sustainable Growth
Serbia needs FDI in the amount of € 2bn at least to stimulate sustainable growth, according to experts.
February 12, 2014
CEE: Still Growth Market in Real Estate Sector
The region is still a growth market in the real estate sector even after the crisis. However, the legal situation in some CEE countries can be a pitfall to real estate companies.
February 10, 2014
London Roadshow with Austrian Companies
Austrian Companies with Erste Group and the Vienna Stock Exchange on Road Show to London
January 27, 2014
Croatia: S&P Downgrades Rating
Standard&Poors; has downgraded Croatia’s rating to “BB”. The outloock on the long-term rating for the country is at least “stable”.
January 24, 2014
Slovenia Attracting FDI from US and UK
The Slovenian Ministry of Finance is taking great efforts to attract investors from the US and the UK.
January 17, 2014
Austria: On Verge of Losing Business Attractiveness
The new tax package does not only burden car drivers and smokers but also the economy will have to contribute to the budget with several hundreds of millions of Euros annually.
January 15, 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
Serbia Facing Testing Year
The Serbian government is currently working on a plan to improve the competitiveness of domestic enterprises.
January 13, 2014
Hungary: Austrian Farmers Still Left in the Dark
There is still no clarification in the controversial Hungarian land law for Austrian farmers and land owners.
January 9, 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
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
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
Romania: Significant Decline in FDI
On an annual basis, FDI decreased by more than eight percent.
December 16, 2013
Serbia: New Budget Turning Point for Economy
Next year’s draft budget is, according to Prime Minister Ivica Dacic the opportunity for a new beginning and a turning point in a responsible approach to running the Serbian economy.
December 9, 2013
Austrian FDI Worth Less than in 2003
Due to the financial crisis after 2008, foreign investments of Austrian investors have lost in value dramatically.
December 7, 2013
Bosnia: NPLs Increasing Dramatically
Almost 15 percent of the total volume of loans in Bosnia are bad.
December 2, 2013
Croatia: Milanovic Promises Economic Recovery
Prime Minister vows that Croatia's economy will be put on a sounder footing.
November 28, 2013
Serbia: Inflation Rate at Lowest Level in a Decade
The Western Balkan country is expected to reach the lowest inflation rate in ten years.
November 25, 2013
Controversy Over Special Taxes in Romania
The Romanian government plans to impose new taxes in 2014. Foreign investors may leave the country.
November 12, 2013
Romania: Key Rate Cut Again
The most recent cut was the fourth in a row since the beginning of July. Experts forecast the rate cutting cycle to stop in the first quarter next year when the country’s key rate is supposed to stand at 3.5 percent.
November 6, 2013
Serbia: Only Minor Growth Expected
In 2014 the Western Balkan state is expected to achieve only an insignificant economic growth rate.
November 6, 2013
Serbia: FDI as Driver for Economy
Further decline in FDI could affect economic growth in the Western Balkan state. The Serbian government announced to push forward with amendmends to improve business environment and boost economic growth.
November 4, 2013
Slovenia´s Government Hopes for More FDI
In order to promote more foreign direct investments, Prime Minister Alenka Bratusek plans to hold investment conferences across Europe.
November 1, 2013
WEF: Russian Economy Needs Change in Domestic Institutional Environment
The Russian Federation is poised for transformation.
November 1, 2013
Lopatka: EU Enlargement Process of Western Balkans Decisive for Austria
“Non-Enlargement” of Western Balkan states would be fatal for Austrian businesses operating in the region and the national economy.
October 31, 2013
CESEE: „The Growth Model Was not Sustainable“
Franz Seiringer, economist at EBRD, underlines that the CESEE countries are on the right track. The region is working on a new growth model, he told “Wirtschaftsblatt”.
October 29, 2013
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