A collection of 5 posts
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
Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds in a newly released report entitled “Tourism Satellite Accounts in Europe”. GVA is output produced after deducting the intermediate value of consumption, or gross domestic product added to product subsidies,
By the end of August, EU member Croatia and two of its Southern neighbors down the Adriatic coast, Montenegro and Albania, had happily concluded what was an excellent tourist season for those countries so far this year. Revenues from tourism are giving a significant boost to their economies, much needed
From May this year to July, 35,193 tourists arrived in Ukraine from Bahrain, Qatar, Kuwait, UAE, Oman and Saudi Arabia. More than 85% of all tourists from the Gulf region (29,809 people) are citizens of Saudi Arabia. This is eight times more than in the pre-crisis year of
Hungary will allow Russian visitors to visit if they possess a Covid-19 immunity certificate as of Tuesday, 3 August, foreign minister Péter Szijjártó has announced. The measure comes in response to Russia’s recent decision to resume issuing tourist and business visas to Hungarian citizens who hold a negative PCR