Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and…
Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according…
Czechia's rate of inflation was 10.7% last year, down from 15.1% in 2022, but still representing the country's second-highest annual…
Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…
The National Bank of Romania (BNR) revised upward, to 7.5% its inflation prognosis for the end of this year on…
The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…
The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON…
Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business…
The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate…
The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…
The EU annual inflation rate rose from 8.8% to 9.6% in June, the bloc's official statistics agency Eurostat reports. The…
Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC)…
Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year…
“The war in Ukraine is severely affecting the euro area economy and has significantly increased uncertainty,” Christine Lagarde, President of…
The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…
Poland is predicted to have the highest level of inflation of 6.8% in Central and Eastern Europe (CEE) - and…
Price rises in Central and Eastern Europe (CEE) countries were mostly above the Eurozone average of 4.9% in November, as…
With the country seeing a massive surge of the COVID-19 pandemic and having to deal with a tenuous international credit…