In December 2018, the National Assembly of the Republic of Serbia adopted the state budget for 2019. The GDP growth is projected to be 3.5 per cent, and the budget deficit is estimated at 0.4 per cent of GDP.

The functioning of the Belarusian economy under President Alexander Lukashenko's rule has already surprised many economic experts in Western Europe. Many of them have no idea how the country achieved a budget surplus, which in some sectors amounted to USD1.5bn.

This year the Croatian government planned a state budget with a deficit of HRK2bn but the fact that it had a surplus of HRK1.6bn in H1 suggests that it may have a surplus by the year-end.

According to Baltic News Network, Lithuanian government plans to have EUR200m of revenues from the shadow economy

Ukraine’s President signed 2019 budget bill

Lithuanian families would like to earn EUR400 more

Romania’s Craiova to become an industrial area

Estonia: EUR412m in stabilization reserve

The Bulgarian government approved the budget 2019, projecting a fiscal deficit of 0.5 per cent of GDP for the year under the national methodology compared to the expected 0.5 per cent of GDP budget surplus in 2018.

Croatia wants to become an energy hub

Latvia: budget revenue up 15.1 per cent in 2018

After a few relatively good years, Ukraine is again getting into difficulties with the balance of payments. Economists believe that the deficit is a worrying sign indicating the beginning of a cycle of capital outflow.

The fiscal policy in Croatia is largely based on the ad hoc discretionary measures. However, over the last ten years, especially after the crisis in 2008, an increasing number of countries are trying to ensure long-term sustainability of public finances.