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Bulgaria: Economy to Stabilize

Despite the enormous political instability, Bulgaria is expected to record positive growth rates this year.

February 28, 2013

Hungary: Employment Moves Upwards

In November 2012–January 2013, the number of employed people was 3,855 thousand, 39 thousand more than a year ago.

February 27, 2013

Hungary: Unemployment Rate Unchanged

In November 2012–January 2013, the number of unemployed people was 486 thousand, the unemployment rate was 11.2%.

February 26, 2013

Bulgaria: Protests Continue in Sofia and Varna

Bulgarian political decisions are afflicted by extreme unpopularity as almost 60 % of the population suffers from immediate poverty. Riots continue in Sofia and Varna.

February 24, 2013

Latvia: Exports Remain Growth Driver

In 2013, the Baltic countries will remain the best performing economies in the EU. However, the growth will slow down a bit.

February 23, 2013

EU Commission: Austrian Growth Above EU Average

Unlike the Eurozone, Austria will record a positive growth rate this year. Within the EU, the situation is highly different.

February 22, 2013

Estonians Suffer from Unfavorable Working Conditions

According to a survey carried out by the daily newspaper Eesti Päevaleht, a considerably high number of Estonians want to leave the country. The situation in Lativa is almost the same.

February 18, 2013

Latvia: Workforce Grows Moderately

Results of the Labour Force Survey conducted by the Central Statistical Bureau show that, compared to the corresponding period of the previous year, the number of active population (aged 15-74), in the 4th quarter of 2012, has increased by 1.5%.

February 15, 2013

Decreasing Unemployment in Lithuania

In 2012, the unemployment rate in the country stood at 13.2 per cent.

February 15, 2013

Estonia: Unemployment Goes Down

According to Statistics Estonia, the unemployment rate was 10.2% in 2012 and 9.3% in the 4th quarter.

February 14, 2013

Labor Market One of Bulgaria´s Main Problems

The labour market remains among the key problems of the economy, although the increase of the indicator with respect to the values registered in the summer was lower than expected.

February 12, 2013

Austria: Economic Sentiment on the Rise

The Austrian Institute of Economic Research (WIFO) underlines that the economic slowdown comes to a standstill.

February 8, 2013

Czech Republic: Unemployment Grows Further

Among the new EU member countries, the Czech Republic has one of the lowest unemployment rates. However, the country cannot escape the trend.

February 8, 2013

Poland: Unemployment Quota Above 14%

In January, Poland´s unemployment quota came at 14.2%, the Polish Ministry of Labor says.

February 8, 2013

Croatia Fights Against High Unemployment

In order to reduce the number of jobless workers, Croatia´s government plans to invest € 60m in labor market measures.

February 4, 2013

Tusk: “First Months Will be Most Difficult”

Poland´s Prime Minister Donald Tusk explained that the Polish economy will recover in the second quarter of 2013.

February 4, 2013

Austria: Strong Decrease in Job Vacancies

56 900 job vacancies in the fourth quarter 2012, -22% compared with third quarter.

February 4, 2013

Hungarian Unemployment High, But Slight Downward Trend

Hungarian Ministry of Economics: “Unemployment up in the EU but trend continues down in Hungary.”

February 2, 2013

Czech Republic Returns to Growth Slowly

According to the Czech Ministry of Finance, the recovery will be only gradual. This year, GDP is expected to increase by 0.1%.

February 2, 2013

Hungary to Stagnate in 2013

The economic outlook for Hungary remains rather bleak. The country will not leave the recession behind this year.

February 2, 2013

Slovakia: Government Warns of Economic Slowdown

This year, Slovakia´s government expects lower growth rates than in 2012. Besides that, the austerity pressure is growing.

February 1, 2013

Austria Records Highest Unemployment of All Times

With 410,000 job-seekers, unemployment has never been higher. Nevertheless, Austria has the lowest unemployment quota in the EU.

February 1, 2013

Czech Unemployment Grows

The total employment in Q4 2012 increased by 31.1 thousand persons compared to the same period of 2011.

February 1, 2013

Poland: Opposition Criticizes Government´s Economic Policy Sharply

Opposition leader Jaroslaw Kaczynski says that the government does not fight against the economic slowdown.

January 31, 2013

Hungary: Unemployment Stagnates

In the 4th Quarter 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.7%.

January 31, 2013

WIFO: Austrian Economy to Grow Slowly

In the next years, Austria´s economy will recover gradually, the Austrian Institute of Economic Research says.

January 25, 2013

Poland: Unemployment Quota at 13.4%

The labor market situation is one of Poland´s most pressing issues. Compared to November 2012, the unemployment quota was up by 0.5 percentage points.

January 24, 2013

Slovak Unemployment Rate Grows Further

In December, the unemployment quota came at 14.45%. Compared to December 2011, this is an increase by 0.9 percentage points.

January 24, 2013

Poland: Lower Growth Forecasts

The slowdown of the Polish economy continues. The government is becoming impatient.

January 22, 2013

OeNB: Austrian Economy Returns to Growth

Today, Austria´s National Bank (OeNB) has presented the results of the economic indicators.

January 18, 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

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

NBP Expects Further Slowdown

Poland´s National Bank (NBP) forecasts an economic growth rate of 1.5% in 2013.

January 14, 2013

Austrians Expect Shrinking Purchasing Power

According to a survey carried out by the opinion research institute Spectra Marktforschung, more than 40% of the Austrians expect that the purchasing power will decrease this year.

January 11, 2013

Poverty: Romanian and Bulgarian Citizens Most Endangered

Regarding the poverty rate, Bulgaria, Romania, Spain, Greece and Lithuania are significantly above the EU average.

January 9, 2013

Unemployment in EU: Austria Still Ranks First

At the end of December, the Eurozone´s unemployment rate reached 11.8%. In the EU, the unemployment quota comes at 10.7%

January 8, 2013

Poland: Unemployment Rate Grows Further

At the end of December, Poland´s unemployment quota reached 13.3%.

January 8, 2013

Serbia: Government Expects Recovery

In 2013, the Serbians will not benefit from the economic recovery, Prime Minister Ivica Dacic says.

January 5, 2013

Hungary: Unemployment Rate Unchanged

In September–November 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.6%.

January 4, 2013

Poland: Government to Focus on Family and Employment

Poland´s Prime Minister Donald Tusk announced that the government aims to create more than 400,000 jobs this year.

January 4, 2013

Slovakia: Gasparovic Demonstrates Optimism

On the occasion of his traditional New Year´s speech, Slovakia´s President Ivan Gasparovic underlines that the country is able to manage the crisis.

January 3, 2013

Hungary: Dissatisfaction Grows

More than the half of the Hungarians is dissatisfied with the country´s government.

January 3, 2013

Austria: Unemployment Rate Up Significantly

The stagnation remains a burden for the Austrian labor market. In December, the number of job-seekers was up by 6.9%.

January 2, 2013

Serbian Industrial and Trade Sector Under Pressure

Retail trade is shrinking drastically, the manufacturing sector stagnates. GDP fell by 2.5% compared to autumn 2011.

December 29, 2012

Outlook: Europe Remains Under Threat

The European debt crisis will remain a major issue, Austrian Erste Group says.

December 28, 2012

Serbia: Labor Market Still Tensioned

The official unemployment quota decreased slightly. In the last twelve months, the employment situation has improved.

December 28, 2012

Austrian Economy: IHS and WIFO Cautiously Optimistic

The two Austrian economic research institutes anticipate an economic recovery in the second half of 2013.

December 21, 2012

Bulgarian Labor Market: Participation Rate Grows

A repeated Eurozone recession could additionally deteriorate the state of employment, Raiffeisen Research says.

December 15, 2012

„Austria Grows Stronger than Expected“

According to the economic research institute Synthesis, Austria´s economic growth is higher than WIFO and IHS say. The employment situation would be too good.

December 13, 2012

Austria: Unemployment Grows

Increase in unemployment in the third quarter of 2012, number of employees also growing.

December 13, 2012