CSE and CIS
The average price per hectare of arable land in the European Union varies from as little as EUR 1,165 to as much as EUR108,000. Land is the cheapest in Bulgaria, in south of Sofia, and the most expensive is near Genoa, Italy.
The volume and value of M&A deals targeting companies in Central and Southeast Europe in Q1’18 fell to 1,823, valued at USD24,789m, after deal making failed to sustain the growth recorded in Q4’17, when 2,253 deals worth USD38,932m were noted.
The Joint Committee of European Supervisory Authorities (ESAs) analyzed the impact of large sets of data on consumers and financial institutions and concluded, that despite the potential risks arising from the use of Big Data, the benefits outweigh the potential costs.
The shrinking labor supply that is reported by entrepreneurs from the Central and Southeast European (CSE) countries may soon have a negative impact on economic growth in the region. In the countries of the so-called old EU, this problem is still less important.
The European Bank for Reconstruction and Development believes that economies should search for a new model of growth that goes beyond the imitation and import of technologies. EBRD indicates three areas where new sources of growth should be sought.
The percentage of employees without the certainty of continued employment, because their contracts are concluded for a period of no more than three months, turns out to be resistant to positive changes in the economic situation.