FDI paints rosier picture for Poland, Romania - OECD report

3 min read Albania, Analysis, Balkan countries, Baltic countries, Bosnia and Herzegovina, Bulgaria, Business, Croatia, Czech Republic, Economy, Energy, ESG, Estonia, Germany, Greece, Hungary, Kosovo, Latvia, Lithuania, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, V4 & Romania, BYD, CATL, exports, FDI, fintech, Moody’s, OECD, RRF, tourism

Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the Organisation for Economic Co-operation and Development (OECD). Inflationary pressures, labour shortages, and weakened demand from key European markets, most notably Germany, are affecting industrial

Forint tumbles after Moody's downgrade

3 min read Analysis, Czech Republic, Economy, Hungary, Poland, V4 & Romania, BYD, CATL, Moody’s

The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5. For Hungary, heavily reliant on imports, the forint’s fall inflates the cost of goods. When coupled with high interest rates, this inflation creates a precarious economic environment. The