A collection of 4 posts
US rating agency Moody’s Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration is not expected in the foreseeable future. Moody’s justified this as mainly due to Czechia’s significant reduction of risk in connection with gas supplies from Russia. The
Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc’s official statistics office Eurostat reported in its revised data. In Central and Eastern Europe (CEE) – and Europe as a whole – Poland had the highest growth rate of 3.8%, ahead of Croatia
The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take their toll on the loan repayment capacity of borrowers, according to a report released by Moody’s on Thursday. The credit rating agency notes that although CEE region’s inflation
In the EU’s Summer 2021 interim Economic Forecast, European Commission experts predict that the economies in the EU and euro area are set to expand by 4.8% this year and 4.5% in 2022. This growth outlook is significantly higher in the EU (+0.6 pps.) and the