A collection of 8 posts
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.
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.
US President Donald Trump’s new raft of global tariffs threatens to hammer the export-driven economies of Central and Eastern Europe (CEE), with his 25% duty on foreign-made cars posing a direct risk to regional manufacturing. As highly integrated suppliers in Germany-led EU value chains, Slovakia, Hungary and Czechia are
Hungary has broken ranks with the EU in response to the US's new tariffs policy, as Hungarian Prime Minister Viktor Orban seeks to preserve close ties with the Trump administration amid the resultant trade tensions. Hungary pushes back on retaliatory tariffs The EU confirmed on 9 April that
Stock markets in Central and Eastern Europe (CEE) fell sharply after US President Donald Trump announced retaliatory tariffs on global imports on 2 April 2025, spooking the region's export-dependent economies and reviving fears of a wider economic slowdown. CEE Stock Market Weekly Performance to 7 April 2025 Most
Trying to figure out the rationale behind Trump’s “trade revolution”? Don’t bother, there isn’t one. It is rooted in delusion, yet the consequences are real, and already here for us all. What is coming has the potential to turn into a recession equal to the most destructive
Liberation Day is here. Trump has announced his tariffs targeting the US’s biggest trading partners, delivering one of the biggest blows to the global economy since the pandemic—and hitting the US especially hard. Likely countermeasures will target the heart of the US economy: its service sector - including
The European Commission (EC) has announced that it will impose additional import tariffs on Chinese battery electric vehicles (BEVs) following a vote among member states on Friday, 4 October, after a year-long investigation. The EC, which suspects China of undercutting European carmakers by subsidising its EV industry, wrote that it