CSE and CIS
It is difficult to provide an assessment of the changes taking place in emerging economies. Their share in the global economy has increased and their markets have become more heterogeneous, but many structural reforms have not been completed.
The poor condition of Ukraine's transport infrastructure is effectively impeding the economic development. The Ukrainian government has announced fundamental policy changes and an enormous injection of funds for infrastructure.
Ukraine and the IMF have agreed upon a new program of financial assistance. The previous program ended in failure — the government in Kiev did not receive the full amount of assistance funds and the expected economic effects were not achieved.
Banks in Croatia doubled their pre-tax profits in the first nine months of 2018, according to Croatian National Bank (CNB). Crotain banking sector has the highest capital employed in the economy, around HRK60 bn.