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Bulgaria

The priority of the previous government was to create conditions to attract foreign capital investments. The current Bulgarian government continues a policy which was created to make Bulgaria as an attractive country for investors. The primary regulations were low taxes – 10% CIT, 10% PIT, ... Read More »

Croatia

According to the forecasts of most institutions in the current year, Croatia is still struggling in poor economic conditions, which are related to the still declining domestic demand. Already for five years, the Croatian economy is in recession and there are indications that it may also remain in... Read More »

Czech Republic

The Czech Republic also loses in the current difficult geopolitical situation and the tension between the West and Russia. The consequences will be direct (ex.: less Russian tourists) and indirect, resulting from slower economic development of the region as a result of the crisis. After a period ... Read More »

Estonia

In 2011-2012, the economic growth in Estonia was the highest not only among the CEE countries, but also in the entire European Union[1]. At the end of 2013 and in the first quarter of 2014, in contrast to the other CEE economies, GDP growth began to gradually slowdown in Estonia, as it can be obs... Read More »

Hungary

In its latest quarter inflation report, the Hungarian Central Bank raised its previous (from June) GDP growth forecast to 3.3% (from 2.9%) this year, inflation rate from 0% to 0.1% and the budget deficit from 2.7% to 2.8% of GDP. The Central Bank estimated that the Russian - Ukrainian conflict co... Read More »

Latvia

The rate of economic growth in Latvia, in the years of 2011-2012 was 5%, which was one of the highest indicators not only among CEE countries, but also in the entire European Union. In contrast to the other CEE economies, GDP growth in Latvia began to gradually slow down at the end of 2013 and th... Read More »

Lithuania

According to the explicit statistical data, Lithuania's GDP does not absolve, after eliminating the effect of seasonality and the number of working days, the GDP growth of Lithuania was 3.1% in the first half of 2014, compared with the first half of 2013. The GDP for the first 6 months of the... Read More »

Poland

Polish gross domestic product (GDP) increased 3.4% in the first quarter of 2014 y/y, unlike 2.7% in the fourth quarter of 2013. On the other hand, due to the updated estimate of CSO from the end of May 2014, domestic demand increased about 3%, in turn. These figures show the economic rebound afte... Read More »

Romania

According to the National Statistics Committee of Romania, in 2013 Romanian economy recorded a GDP growth of 3.5% (in nominal GDP reached 631.1 billion RON) and it was the best result in the EU. This is the best result of the country in recent 5 years. GDP growth in previous years amounted to 2.2... Read More »

Slovakia

The average annual growth rate of GDP grew mainly through 2013 at a slow pace and was 0.8%, which meant quite a significant slowdown from the previous years. The acceleration pace of growth took place only in the fourth quarter of 2013 and the first quarter of 2014, respectively by 1.4% and 2.0% ... Read More »

Slovenia

The European Commission predicts that in 2014, Slovenia will still record negative annual growth rate of GDP; however, indicates that, from 2015 Slovenia's economy has a chance, like the all Member States, once again to enter the path of the economic growth. Just as in 2012, also in 2013, Slo... Read More »