pharmaceuticals

A collection of 3 posts

Balkan economies weigh cost of US-EU tariff 'compromise'

Balkan economies weigh cost of US-EU tariff 'compromise'

2 min read Slovenia, Romania, Greece, tariffs, Steel, Energy, pharmaceuticals, aluminium, auto, machinery, chemicals, agriculture, olive oil, Wine, tourism, Bruegel, World Bank, Ilie Bolojan, European Commission, Croatia, Concordia, Bojan Ivanc, Kyriakos Pierrakakis, Vassilis Korkidis, Giannis Tsoukalas, TrumpTariffs

The World Bank forecasts regional growth of 3.1% in 2025, and finance ministries say cushioning the tariff shock will be essential to meeting that target. However, regional industry groups are warning of mounting pressure on Balkan economies.

EU, US agree to 15% tariff rate, averting Trump trade war

EU, US agree to 15% tariff rate, averting Trump trade war

3 min read Ursula von der Leyen, Donald Trump, Turnberry, tariffs, auto, pharmaceuticals, semiconductors, Steel, aluminium, CEE, trade, industrial exports, Poland, czechia, Slovakia, Hungary, Polish Development and Technology Ministry, Slovak Economy Ministry, Maros Sefcovic, Peter Szijjarto, Audi, Mercedes-Benz, Suzuki, Czech Finance Ministry, Czech Statistics Office, chemicals, machinery, The Lithuanian Economy and Innovation Ministry, medical, biotech, Reuters, Politico, Alcohol, Bjoern Seibert, Sabine Weyand, Howard Lutnick, wind turbines, Scotland

European Commission (EC) President Ursula von der Leyen agreed a new trade deal with US President Donald Trump at Turnberry, south-west Scotland, on 27 July, setting a ceiling of 15% on tariffs for EU goods and averting a wider transatlantic escalation.

CEE economies tougher than you may think - ING

CEE economies tougher than you may think - ING

3 min read auto, China, electronics, pharmaceuticals, REPowerEU, RRF, Ukraine, US tariffs, Balkan countries, Croatia, Economy, Czech Republic, Hungary

Despite their export-driven economies and strong manufacturing bases, Central and Eastern Europe (CEE) countries may be more resilient to global trade tensions from US tariff policies, than previously assumed, ING bank writes in a new report. Economies have shown resilience - ING While CEE's close ties with Germany