Global economic growth have created conditions for reduction of public debt in 2017. The favorable external and internal conditions supported reduction of general government debt in Croatia in 2017.
The Sarajevo International Airport currently holds 10th place in the SEE, as it has less than one million passengers annually and only 3,9 per cent of overall traffic in the region.
Suma Chakrabarti, president of the European Bank for Reconstruction and Development (EBRD), has called on Romania to reinvent itself and “move up the value added chain.”
The European Commission approved a Slovenian proposal for the sale of Nova Ljubljanska Banka (NLB), which stipulates that by the end of this year the state will sell at least 50 per cent of the stake in the bank.
The Russian Arctic maritime highway, the Northern Sea Route, has recently been in the center of attention, and this is well received in Beijing, which has its own plans for the so-called “Polar silk road”.
The Eastern European consulting market saw a solid year of growth in 2017, with every major country in the region — Poland, Romania, Czech Republic, Hungary, and Slovakia — expanding faster than the year before.
Could the financial turmoil afflicting Turkey slow the country’s investments in Serbia, Bosnia and Herzegovina, Macedonia, Albania and Kosovo? Some in the region believe so.
Due to the new wave of the US sanctions Russia’s currency fell to its lowest USD value in almost two years. Similarly, the Russian stock market suffered some heavy losses.
Over the course of the last dozen or so months, EU institutions, as well as the Polish Financial Supervision Authority have intensified their efforts to help fintech companies to develop.
Serbia's gross domestic product will accelerate to 4 per cent in 2018 but if Serbia wants to catch up with other countries in the region and Europe, a constant growth of 5% and more is needed.