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Investments

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

CESEE: More Robust than in 2008

The U.S. Federal Reserve wants to reduce its easing policy gradually. For emerging markets, the end of the loose monetary policy may prove challenging.

December 17, 2013

Czech Republic: Lowest Increase in Public Debts in 17 Years

According to the government’s Funding and Debt Management Strategy, public debt should exceed CZK 2,000bn by the end of 2016.

December 17, 2013

Bulgaria: S&P Downgrade Criticized Sharply

Bulgarian Minister of Economy Dragomir Stynev does not agree with S&P´s view on Bulgaria´s creditworthiness.

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

Croatia: Major Investments to Boost Economic Growth

The Croatian government on Thursday adopted an investment plan for 2014 which includes large-scale investments, amounting to as much as HRK 73.1 billion.

December 13, 2013

Bulgaria: Prime Minister Stresses Positive Development

Plamen Oresharski stressed that Bulgaria has performed better than expected in 2013.

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: Nowotny Warns of Choking off Economic Growth

The Austrian National Bank (OeNB) has slightly decreased this year’s economic growth from 0.5 percent to 0.4 percent. However, the recession of the past two years is over, the bank claims.

December 6, 2013

Moody's: ECB Rate Cut Does Little for Economic Growth

ECB rate cut to a record low 0.25% will likely do little to support economic growth, according to Moody's Analytics.

December 5, 2013

Leitl: Growth Stimulating Measures for Budget Consolidation

Leitl calls for growth stimulating measures which are the basis for the consolidation of the Austrian budget.

November 28, 2013

EU Needs Investments for Growth

Europe will not see any substantial growth without serious investment in research and innovation.

November 28, 2013

EBRD: Eastern Europe “Stuck in Transition“

The European Bank for Restructuring and Development (EBRD) warned that Eastern Europe and the countries of the former Sovjet Union could remain “stuck in transition”, which is the titel of the current report.

November 21, 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 Republic: CNB Concerned about Private Households

In regard to the most recent forex intervention, the Czech National Bank (CNB) has expressed concern about private households, which would be affected for a longer period since savings as well as income will drop.

November 13, 2013

Albania: Domestic Banks Struggling to Keep Up

According to a report by the European Bank for Reconstruction and Development (EBRD), the Albanian financial sector is dominated by foreign banks. Domestic banks are struggling to keep up with the internationally operating competition.

November 8, 2013

Eurozone: Key Rate At Record Low

Low inflation was reason for ECB to lower key rate again by 0.25 percent.

November 7, 2013

ECB to Keep Interest Rate Low

Despite a low inflation, the European Central Bank (ECB) will keep the interest rate low. The Council of ECB has held a meeting on Thursday morning

November 7, 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

CESEE Region: Booming Exports Prevent Recession

The underlying reason for the improving economic sentiment in the CESEE region is the expanding industrial sector. However, the region remains vulnerable to foreign trade and foreign investments.

November 5, 2013

Czech Republic Crawls Out of the Recession

The recession in the Czech Republic comes to an end. Fixed investments are still the main weak point.

November 4, 2013

Poland: Economy Below Potential

In the first half of 2013, investments dropped significantly. Consumption was up moderately. In total, Poland´s economic growth accelerates gradually.

October 22, 2013

CFO Barometer: Upturn in Revenues

The majority of financial managers in the country are still restrained with investments. However, the majority estimates increasing turnovers at enterprises, according to the CFO barometer.

October 21, 2013

Poland: IMF Upgrades Growth Forecasts

According to the IMF, Poland´s GDP growth will reach 2.4%. In the prior forecast, the IMF anticipated a 2.2% growth rate.

October 21, 2013

“Problems in the CESEE Region Are Mainly Fundamental”

In an interview with Gazeta Wyborcza, Reza Moghadam, director of the IMF´s European Department, says that the weakness of the CESEE region is not only cyclical.

October 18, 2013

IMF Warns of Financial Instability in CESEE

Due to the high non-performing loan quota and the deleveraging of Western banks, the countries of Central, Eastern and Southeastern Europe are still far from financial stability.

October 18, 2013

EU Commission: Poland Lacks in Innovation and Work Efficiency

According to the EU Commission’s annual report on the competitiveness among the EU member countries, which was released on Wednesday, Poland has been improving its competitiveness.

September 26, 2013

Slovenia: Economic Outlook Deteriorates

Slovenia has slipped back into recession as its real GDP declined by 2.3 % in 2012.

September 26, 2013

Croatia: Fiscal Situation Deteriorates Further

Due to the weak economy, the budget gap will increase. The end of the recession is still uncertain.

September 26, 2013

Croatia to Issue Dollar Bonds

In order to cover its foreign exchange needs, Croatia will issue a dollar bond with a size of $ 2.7bn.

September 24, 2013

NBP: First Signs of Recovery

According to the National Bank of Poland (NBP) there are first signs of recovery in the corporate sector.

September 20, 2013

Poland: Minor Slowdown in Industrial Production

On a year-on-year comparison basis, industrial output increased 2.2 percent in August while it declined 4.5 percent compared to July this year.

September 19, 2013

Barroso: “Albania’s Future Is in The European Union”

President of the EU Commission Barroso is confident about Albania’s commitment.

September 17, 2013

World Economic Forum: Competitiveness of Western Balkans

Former Yugoslav countries and their competitiveness according to the World Economic Forum annual report.

September 6, 2013

Croatia: „Insufficient Move Towards the Positive Direction“

Croatia hopes its economy is moving in the "positive direction".

September 2, 2013

Austria: Leitl Reiterates Criticizm

State Secretary Schieder considers Leitl’s statements “totally out of place”.

August 23, 2013

Romanians Not Satisfied with Wages

More than half of Romanian employees claim not to be paid enough for their work.

August 22, 2013

Leitl: “Austria Screwed Up”

If the US, as the perpetrator of the financial and economic crisis, shows two percent in economic growth, while Austria only 0.2 percent, then this was a “disgrace”, Leitl announced during the economic forum in Alpbach.

August 21, 2013

Poland´s Economic Growth Accelerates

In the second quarter of 2013, the annual growth rate came at 0.8%. Due to combined monetary and fiscal measures, the outlook is positive.

August 17, 2013

Romania: GDP Slowed Down in Second Quarter 2013

Romania: GDP slowed down in Q2, as expected by RBI.

August 16, 2013

Fitch: European Investors See Withdrawal of Bank Stimulus

More European investors now see the withdrawal of central bank stimulus as a bigger risk to European credit markets than eurozone sovereign debt problems.

August 9, 2013

Erste Paid Back € 1.22 to Austrian State

On Thursday, Erste Group announced that the participation capital in the amount of € 1.76 was paid back completely.

August 8, 2013

Eurozone: Business Investments Decreased to 18.8 Percent

Business investment rate down to 18.8% in the euro area and to 18.3% in the EU27 Business profit share at 37.7% and at 37.2% respectively

July 31, 2013

Czech Republic: US Export-Import Bank Offers Loan for Temelin

The official export credit agency of the United States offers a loan under the condition that Westinghouse wins the tender.

July 30, 2013

Romania: Privatization as a Potential Driver for Economy

Romania has to privatize more state-owned enterprises to become one of fastest emerging economies in the European Union.

July 29, 2013

Czech Republic to Remain in Recession

The Czech economy will, according to the Finance Ministry in Prague, shrink by 1.5 percent and only start growing again in 2014 by 0.8 percent.

July 26, 2013

Czech Republic: CEZ to Postpone Completion of Temelin

Czech energy company CEZ announced that the decision for the finalization of nuclear power plant Temelin will take at least a year longer than planned.

July 25, 2013

Poland: Dispute Between NBP and Finance Ministry

Finance Minister Jacek Rostowski and Governor of Polish National Bank Marek Belka are blaming each other for the poor performance of Poland´s economy.

July 23, 2013

Czech Banking Industry Reduces Lending Significantly

According to a survey issued by the Czech National Bank, banks tightened their credit standards in all the monitored credit market segments in 2013 Q2.

July 22, 2013

Austrian GDP Growth Above European Average

In 2012, Austria saw a growth of GDP of 0.9 percent which is signifantly above the European average.

July 12, 2013
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