In the years 2002-2016 Russia earned additional revenues amounting to approx. USD3 trillion from the export of fuel and other commodities. These funds could have changed Russia's monocultural economy.
The Balkans should complete the existing custom union by establishing the free trade area, where goods and labor could flow without the barriers.
Central European Free Trade Agreement signatory states (Western Balkan and Moldova but without Croatia, which has already joined the EU) are the second, after the European Union, foreign trade partner of Serbia.
Croatian economic development depends on the German economic growth – these are the conclusions of the Croatian Economic Chamber report.
The idea of Central European integration against Russian influence is a utopia. Hungary has excellent relations with Russia, and Poland would not have the support of this regional partner in Polish quarrels with Russia.
2016 was not a kind year to the Ukrainian economy. GDP increased by 1.8 per cent. According to experts it will not be easy for Ukraine to catch up. The external and internal conditions are not conducive to economic growth.
The Czech Republic has almost surpassed the United Kingdom as the second biggest recipient of Polish goods. And this happened in spite of a negative media campaign of Czech competitors against Polish food products.
The GDP growth rate in 2017 will reach between 2.9 and 3 per cent. Investment will increase, with public investment growing more than private, believes Bohdan Wyżnikiewicz, the Vice President of the Institute for Market...
Europe should be afraid of American protectionism, as well as of turbulences in global financial markets triggered by the US budget deficit, growing inflation and protectionism.
Serbia has come to the point in its stormy history, where it will have to choose between the European Union on the one hand and Russia on the other.