As the only Central and Southeast (CSE) country Estonia moved from a position of a Moderate Innovator into a group of Strong Innovators in the European Innovation Scoreboard 2019 (EIS) prepared by the European Commission (EC).
Sarajevo hosted the annual meeting of the European Bank for Reconstruction and Development (EBRD). It attracted political and economic stakeholders of the Balkan region.
In the first three quarters of 2018, CSE’s combined exports to China totaled USD17.6bn, a record high and up by over 20 per cent y/y. But the region has been racking up a large trade deficit with the Asian nation.
The 2019 Economic Freedom Report by The Heritage Foundation shows that the world seems to be at a crossroads — it may continue on the path of economic freedom or it may return to hindered growth and development.
Against the background of deteriorating relations between the United States and China, the European Union's strong economic ties with the two countries pose a serious dilemma.
The EU has been present on the Macedonian market for years and European FDI stimulates the high-value exports and lowers the trade deficit benefiting both parties.
The next year Poland will host an important event — the EU-Western Balkan summit. The goal is to provide some solutions to existing socio-economic problems and to further strengthen cooperation between Balkan states.
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.
The European Commission launched in Sofia a Digital Agenda for the Western Balkans in order to support the transition of the region to the digital economy and enable the benefits of digital transformation.