How will Slovakia look like in 2030?

Bratislava, Slovakia (Miroslav Petrasko, CC BY-NC-ND)

35,000 Romanians with bank deposits exceeding EUR100,000 each

Serbia’s PM: good economic indicators despite sluggish GDP growth

 

Slovakia

Euromonitor International – the provider of strategic market research has published its new 2030 future report. This time it’s about Slovakia and its key findings are:

  • By 2030 the population of Slovakia will grow 1.0 per cent compared with 2015, it will reach 5.5 million;
  • A peak in the population will be observed in 2026;
  • Natural change will turn negative in 2023 due to falling births and increasing deaths;
  • By 2027 positive net migration will not be enough to mitigate depopulation.

Among Slovak major cities Bratislava will be the only one to experience population growth in the period 2015-2030. It will make up 14.4% of the urban population in 2030.

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Romania

Romania Insider reports that among 10 million people, who have bank deposits in Romania, the number of those with bank deposits exceeding EUR100,000 reached 35,000 (as of June 2017). There are also over 736,800 active corporate accounts.

Romania’s National Bank (BNR) informed the banking system of Romania includes 36 active lenders with net assets reaching EUR87.5bn. “The average non-performing loan ratio amounted to 8.32 per cent in the first six months of this year,” Romania Insider writes.  

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Serbia

Serbian Prime Minister Ana Brnabić thinks that the slow GDP growth was “caused by the drought”, and expressed hope that thanks to short-term measures undertaken by the government, the economy would accelerate to 2.5 per cent in 2017, according the Serbian Monitor. The government prepared 11 projects to mitigate the effects of a slowdown. They are supposed to be implemented by the end of 2017. These projects are: cleaning up water canals, higher subsidies for procurement of tractors and other agricultural equipment, and infrastructure projects for which building permits have already been issued.

The portal quotes Brnabić: “Short-term measures could boost GDP growth by between 0.2 per cent and 0.3 per cent. The good news is that all other economic indicators are good. The export has been growing at the rate of between 10 per cent and 12 per cent, while the growth in the processing industry has been between 6 per cent and 8 per cent.”

Brnabić also pointed out that digitalization and IT will be the new driving forces behind economic growth in Serbia, and that the sectors will provide enough incentives for young people to stay in the country.

Serbia’s GDP growth in 2016 was 2.8 per cent.

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What’s up in indexes

BET (of Bucharest) increased from 8,317.95 index points Monday, August 21st to 8,351.58 index points Tuesday, August 22nd. It’s up 0.40 per cent d/d and up 21.49 per cent y/y.

BUX (of Budapest) increased from 37,097.85 index points Monday, August 21st to 37,622.47 index points Tuesday, August 22nd. It’s up 1.41 per cent d/d and up 36.45 per cent y/y.

CROBEX (of Zagreb) increased from 1,898.40 index points Monday, August 21st to 1,901.67 index points Tuesday, August 22nd. It’s up 0.17 per cent and up 5.92 per cent y/y.

OMXR (of Riga) increased from 1,013.02 index points Monday, August 21st to 1,017.20 index points Tuesday, August 22nd. It’s up 0.41 per cent d/d and up 58.56 per cent y/y.

OMXT (of Tallinn) decreased from 1,257.11 index points Monday, August 21st to 1,256.81 index points Tuesday, August 22nd. It’s down 0.02 per cent d/d and up 26.22 per cent y/y.

OMXV (of Vilnius) decreased from 650.98 index points Monday, August 21st to 650.85 index points Tuesday, August 22nd. It’s down 0.02 per cent d/d and up 21.23 per cent y/y.

PX (of Prague) increased from 1,032.04 index points Monday, August 21st to 1,033.73 index points Tuesday, August 22nd. It’s up 0.16 per cent d/d and up 22.15 per cent y/y.

SAX (of Bratislava) increased from 322.93 index points Monday, August 21st to 330.03 index points Tuesday, August 22nd. It’s up 2.20 per cent d/d and up 5.36 per cent y/y.

SOFIX (of Sofia) decreased from 720.71 index points Monday, August 21st to 719.67 index points Tuesday, August 22nd. It’s down 0.14 per cent d/d and up 52.94 per cent y/y.

UX (of Kyiv) increased from 1,125.32 index points Monday, August 21st to 1,132.04 index points Tuesday, August 22nd. It’s up 0.60 per cent d/d and up 63.23 per cent y/y.

WIG20 (of Warsaw) increased from 2,377.28 index points Monday, August 21st to 2,387.24 index points Tuesday, August 22nd. It’s up 0.42 per cent d/d and up 32.60 per cent y/y.

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