A multipolar network of energy hubs is emerging in the Central and Southeast Europe. The political dynamics of the interconnection process, between Russian sources and new sources from the US and elsewhere, leave some nations in better positions than others.
The protests against the so-called “slave law” have died down, losing their unprecedented momentum and enthusiasm. The trade unions threatened the authorities with a general strike that would bring Hungary to a standstill, but nothing came of it.
Despite the increasingly unstable political environment, the CSE witnessed an upsurge in overall deal value of 12.5 per cent year on year reaching a total value of the EUR80.5bn in 2018, according to the latest report on M&A published by the law firm CMS.
The rate of global economic growth is around 4 per cent per year, as a result of which the situation on the labor markets is improving and the profits of enterprises are increasing. The tax revenues are also increasing, often faster than GDP.