The Fitch rating agency has raised Croatia’s rating from BB to BB+ with stable prospects, thanks to stable economic growth, strong tourist season and improved public finances.
The Central European Free Trade Agreement (CEFTA) signed in 1992, which has lost its importance with the expansion of the European Union, is now experiencing a revival.
During the first 10 months of 2017, nearly 8 million tons of cargo was shipped along the Northeast Passage, already surpassing last year’s record by 8,3 per cent.
The parliament approved a draft amendment to the law on employment services that simplifies the conditions for employing people from the non-EU countries. Serbians are the major non-EU group that works in Slovakia.
In just seventeen months - from August 2016 to December 2017 – the Polish Oil and Gas Company (PGNiG) delivered over 1 billion cubic meters (bcm) of natural gas to the Ukrainian market.
The board of directors of the Serbian national oil company NIS adopted a long-term development strategy by 2025. It will enable NIS to remain a large employer in the upcoming period.
The railway line between Budapest and Belgrade will be an important part of the One Belt One Road Initiative, the project proposed by Xi Jinping, President of the People's Republic of China.
Four countries of Central and Southeast Europe are considered as advanced economies in the World Economic Forum The Inclusive Development rating: Czech Republic, Slovenia, Slovakia and Estonia.
In December the National Assembly of the Republic of Serbia voted for the Budget for 2018. The total projected costs are RSD1,207bn, while the total projected government revenues amount to RSD1,178bn.
We have launched a debate on the adoption of the single currency, but there is no decision nor a schedule yet, said Boris Vujčić, the Governor of the Croatian National Bank.