Some relief evident, however, for FX-loan indebted construction firms with Turkish lira strengthening around 20% since start of September.
Belarus' GDP grew by 3.7% year-on-year in January-September following the same growth in January-August (and a 4.4% y/y growth in January-July), according to the national statistics agency Belstat.
The figure is a big advance on September's forecast of 19.61% with the country's CPI having surprised the market by springing from 17.9% in August to 24.52% in September.
Slovak average harmonised inflation rate amounted at 2.5% in September, the Slovak Statistics Office reported on Wednesday October 17. In August the inflation accelerated to 2.8% y/y from 2.6% in July.
Country must repay $45bn in foreign debts across August-December, with private sector share calculated at $37bn says Treasury.
Turkish Automotive Distributors’ Association sees sales of 600,000 units in 2018 and 450,000 in 2019.
Consumers tightening their belts amid currency crisis, roaring inflation and the likelihood of a severe recession.
Both Southeast European countries were ranked below most of their EU peers in the World Economic Forum’s Global Competitiveness Report 2018, but performed well in the ICT category.
The World Economic Forum’s Global Competitiveness Report 2018 gives Slovenia a perfect score for macroeconomic stability.
Deepest decline was in the residential segment.
Swathes of companies seeking bankruptcy protection amid country's currency crunch.
Figure compounds worrying trend of lost value for home owners that now stretches back a year.
Two Southeast European states have the highest risk of poverty and social inclusion among EU members, while the lowest risks are in the Czech Republic.
Romania’s low scores, in particular for water, sanitation and public health, reveal deficiencies in the distribution of economic growth and public spending, report's author says.
With per capita GDP in current prices in US dollar terms of $2,964.193 Ukraine is Europe's poorest country
Russia's industrial output growth continued to slow in September 2018, down to 2.1% year-on-year from 2.7%
Softer indicators, however, continue to suggest country is on course for a hard landing, analysts say.
Amid warnings that Turkey is on course for a deep recession, figures show sustained decline in construction industry jobs and another worrying rise in youth joblessness.
Income from interest and fines almost triples due to unexplained miscellaneous revenues.
The goal of increasing Russia’s gross international reserves (GIR) to $500bn is not longer a priority for the Central Bank of Russia (CBR), the deputy head of the regulator Xenia Yudaeva told on October 12, as cited by Reuters.