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.
Real estate consultants said demand for projects will remain high across the board, with a focus on the office segment.
When the criteria for voting for the new headquarters of the two EU agencies that have to move from London after Brexit were agreed, the process was clarified by comparison with the vote for the best Eurovision song.
Slow economic growth encourages many OECD countries to launch tax reforms aimed to increase individual and business activities.
The new requirements of the MiFID II Directive, which enters into force on January 3rd, 2018, will significantly change trade of shares, bonds and derivatives in the European Union.
Ten years ago Romania entered the European Union as its full member state. In this time, Romania has undergone significant changes, from legislation to the economy's structure.
Romania is the European Union's leader in terms of the proportion of owner-occupied dwellings in the overall housing structure. The other new EU member states are not far behind in this respect.
The European Union's Payment Services Directive (PSD2) tightens the requirements for remote access to accounts and electronic transaction orders. Despite its adoption, the severity of these requirements still has not been determined.
The EU as an economy is lagging behind because its competitiveness is falling, for example compared with China, believes Stefano da Empoli, the head of the Institute for Competitiveness in Rome.