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Czech Republic: Finance Ministry Worsens Economic Outlook
In an updated macroeconomic forecast for the economic development, the Czech Finance Ministry deteriorated the country’s outlook.
April 16, 2013
Eurozone: Trade Surplus € 1.3bn Y/Y
Euro area international trade in goods surplus € 10.4 bn
April 15, 2013
Austia: Stable Industrial Production
Austrian industrial enterprises are particularly concerned about the future. The order situation was stable last year, however, only because of domestic orders. Sales in exports are still decreasing.
April 12, 2013
Favorable Outlook on Estonia’s Economy
Estonian economy’s consistent growth will continue in the coming years
April 11, 2013
Austria: Significant Increase in Exports
Imports Increased by 0.3 %. Exports Increased by 7.1 %. According to preliminary results by Statistics Austria, total imports amounted to € 10.31 bn and total exports amounted to € 9.96 bn in January 2013.
April 10, 2013
Czech Republic: Exports and Imports Decreased Considerably
In February 2013, according to preliminary data of ‘cross−border statistics’, exports and imports at current prices fell by 3.6% and 4.4%, year-on-year (y−o−y), respectively.
April 9, 2013
Barroso: „Existantial Crisis is Over“
President of EU Commission Jose Manuel Barroso came to Vienna to meet with Austrian Chancellor Werner Faymann and Foreign Minister Michael Spindelegger.
April 6, 2013
Serbia: GDP Decreased by 1.7 % in 2012
Based on data released by the Statistical Office, GDP fell by 1.7% in 2012. Broken down by quarter, real y-o-y GDP fell by 2.7% in Q1, 0.3% in Q2, 2.1% in Q3 and 2.0% in Q4.
March 30, 2013
Czech Republic: EGAP Covered Exports of CZK 72bn
Minister of Industry and Trade, Martin Kuba says: EGAP will focus more on supporting small and medium-size enterprises
March 27, 2013
Croatia: Sluggish Economic Recovery
The improvement in the financing conditions in international financial markets in the second half of 2012 mitigated the risks to Croatias financial stability to an extent.
March 25, 2013
Czech Republic: Industrial Production Decreased by 4.1%
In January 2013, industrial production decreased at constant prices by 4.1%, year-on-year. Compared to the previous month, seasonally adjusted industrial production was the same as in December 2012. The value of new orders decreased by 7.6%, y-o-y.
March 15, 2013
Romania: Surplus in Balance of Payments
In January, the balance-of-payments current account posted a surplus of EUR 465 million Y/Y.
March 15, 2013
Serbia: Foreign Trade Grows Significantly
The overall external trade in the Republic of Serbia for January 2013 amounted to EUR 1724.6 million - which was a 9.5% increase compared to the same period 2012.
March 14, 2013
Russia’s Share in Latvian Exports Decreases
Provisional data of the Central Statistical Bureau show that in January 2013 compared to December of previous year, exports value of goods at current prices decreased by 4.6%, but of imports – by 4.1%.
March 13, 2013
Bulgarian Foreign Trade with EU decreased by 3.6 %
Exports decreased by 3.6 % while imports increased by 7.5%
March 12, 2013
Czech Republic: GDP Decreasing by 2.1%
The gross domestic product adjusted for price, seasonal, and calendar effects decreased according to the refined estimate by 1.2% compared to 2011; the decrease was gradually deepening during the year.
March 11, 2013
Czech Republic Records Trade Surplus
Imports as well as exports were down significantly. The foreign trade surplus increased slightly.
March 8, 2013
Hungary: GDP Fell by 2.7%
The gross domestic product of Hungary decreased by 2.7% in the fourth quarter of 2012 compared to the corresponding period of the previous year.
March 8, 2013
Austria: Increase Of Foreign Trade
Even with the economy crisis, the percentage of foreign business expands.
March 8, 2013
Hungary: Foreign Trade Falls Substantially
External trade showed a surplus of nearly EUR 7 billion in 2012.
March 4, 2013
Poland`s Economy Slows Down Further
According to preliminary estimates, the Gross Domestic Product in the 4th quarter of 2012 only grew by 1.1%.
March 4, 2013
Czech Republic: Bilateral Trade with Austria Shrinks
The official export figures are not known yet. However, experts think that the foreign trade volume between the Czech Republic and Austria was down in 2012.
March 2, 2013
“Business development focus in solid Austrian ties to Qatar”
Austrian State Secretary meets the Emir of Qatar and Qatar’s Foreign Affairs State Secretary for working discussions.
March 1, 2013
Czech Republic: Trends in 2012
Export and Import Price Indices and Price Indices for International Transport
February 25, 2013
Austria Become Second Most Important Trading Partner for Hungary
Last year, only the foreign trade volume between Hungary and Germany was higher. Peter Szijjarto, spokesman of Prime Minister Viktor Orban´s party Fidesz says.
February 23, 2013
Ukraine: Imports from EU Grew Stronger than Exports
EU27 surplus of 9 bn euro in trade in goods with Ukraine in 2012.
February 22, 2013
Romania: Slightly Lower Current Account Deficit in 2012
First estimates showed current account deficit declining to 3.8% of GDP in 2012 from 4.5% of GDP in 2011, Raiffeisen Research reports.
February 22, 2013
Austrian Exports Reach new All-Time High
The Austrian Chamber of Commerce (WKO) today presented the foreign trade results of 2012. This year, WKO´s President Christoph Leitl expects s moderate increase in exports.
February 21, 2013
Bad Outlook for Ukraine´s Foreign Trade Balance
Ukraine’s external accounts have visibly deteriorated in 2012. No dramatic improvement in the balance of payments is expected this year.
February 21, 2013
Ukraine´s Economy Stagnates
According to the preliminary estimate by the State Statistics Committee, Ukraine’s GDP grew 0.2% yoy in 2012, thus decelerating from 5.2% yoy in 2011.
February 20, 2013
Ukraine: Deal With IMF to be Cut in Summer
The visit of IMF mission to Kyiv did not bring the immediate results. Raiffeisen Research expects the negotiations to be rather prolonged.
February 20, 2013
Austria Has High Hopes in Free Trade Agreement with the U.S.
Austria´s exporting sector may benefit substantially, the Austrian Chamber of Commerce (WKO) says.
February 16, 2013
EU Foreign Trade with Russia and Turkey Growing Strongly
Last year, the EU has achieved a trade surplus of € 105bn. The trade surplus with Turkey was up by € 25bn. Exports to Russia were up by 15%.
February 15, 2013
Austria: GDP Decrease Due to Declining Consumption
In the fourth quarter of 2012, Austria´s economy shrank by 0.2%. In the full year 2012, Austria´s GDP expanded by 0.7%.
February 14, 2013
Poland: Foreign Trade Growth Slows Down
The negative balance on the current account amounted to EUR 1.2bn as compared with EUR 1.9bn in December 2011.
February 14, 2013
Bulgaria: Surprisingly High current Account Balance
In November, the current account balance was positive amounting to EUR 89.7 mn, Raiffeisen Research reports.
February 12, 2013
Shrinking Foreign Trade Deficit in Lithuania
In total, Lithuania´s foreign trade has grown substantially last year. Exports grew faster than imports.
February 11, 2013
Estonia: Moderate Growth in Exports
According to Statistics Estonia, in 2012 exports of goods increased by 4% and imports by 9% compared to 2011.
February 11, 2013
Austria: Foreign Trade Grows Decently
January to November 2012: moderate increase in imports (1.1%) and exports (2.0%)
February 8, 2013
Hungary´s Foreign Trade Balance Positive
In 2012, exports as well as imports were down substantially. The surplus of trade balance amounted to EUR 192 million in December.
February 8, 2013
Slovak Foreign Trade Grows
In November 2012, compared with November 2011, the total export of goods increased by 9,2 % to € 5 842,7m and the total import by 5,5 % to € 5 527m.
February 8, 2013
Czech Republic: Exports and Imports Grew Significantly in 2012
In December 2012, according to preliminary data of ‘border statistics’, exports and imports at current prices fell by 7.1% and 7.0%, year-on-year (y-o-y), respectively.
February 6, 2013
Foreign Trade: Moderate Growth in Serbia
The overall external trade in the Republic of Serbia for the period January – December 2012 amounted to EUR 23619.1m.
February 1, 2013
Hungary: Foreign Trade Goes Down
In November, export and import volumes decreased by 4.3% and 4.6%, respectively, compared to the same month of the previous year.
February 1, 2013
Serbian Current Account Improves
As per seasonally adjusted data exports kept growing in November (+2.7% mom) after increasing in October by 0.8% mom, while imports fell by 4.5% yoy (Oct/12: +4.7% mom), Raiffeisen Research says.
January 29, 2013
“Germany overestimated, USA and China underestimated”
Trade with USA and Italy just as crucial for Austrian economy as trade with Germany, Bank Austria reports. "Made in Austria" products count for above-average proportion of Austrian exports.
January 26, 2013
High Domestic Added Value in Austrian Exports
Business-related services and financial services have high degree of added value made in Austria. Half of Austrian exports are services, Bank Austria says.
January 26, 2013
Slovakia: Foreign Trade Growing Strongly
In 2011, goods in the amount of € 56 783,2m were exported from the Slovak Republic. Compared with 2010, the total export increased by 17,6 %.
January 25, 2013
Austrian Exports to U.S. Growing Massively
Compared to the reference period of 2011, exports to the U.S. grew by 10.4% in the first three quarters of 2012.
January 24, 2013
Poland Has Third-Biggest Current Account Deficit
EU27 current account surplus € 28.8 bn. € 39.3bn surplus for trade in services.
January 24, 2013