Croatia

ING: Consumer not ready to change what they eat to help the environment

ING December 1, 2023

By wasting less food and eating less meat and dairy, consumers can help to slow down climate change. However, consumers in the EU have barely changed their diets.

COP28: All the climate crisis warning lights flashing red – in charts and maps

Ben Aris in Berlin November 29, 2023

The great and good have assembled in UAE’s capital of Dubai for the COP28 conference to hash out a plan to avert the looming environmental disaster, but its probably too late.

Croatia’s Fortenova to get rid of sanctioned Russian shareholders in €660mn deal

bne IntelliNews November 29, 2023

New ownership structure is intended to prevent further financial damage and operational difficulties from the presence of sanctioned equity-holders in the company.

ING: What companies and investors should know about COP28

ING November 29, 2023

COP28 will focus on ramping up efforts and investment in climate mitigation, adaptation and loss and damage control. It's now crucial that companies invest in clean technologies, harness climate finance opportunities and contribute to systems change.

COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024

bne IntelliNews November 28, 2023

Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.

VISEGRAD BLOG: Europe's populist surge can still be contained

Robert Anderson in Prague November 27, 2023

Hungarian premier Viktor Orban rejoices in 'winds of change' after victory of Geert Wilders’ radical right-wing Freedom Party in the Dutch general election.

Failure to deal with causes of 1990s wars threatens peace in ex-Yugoslavia, says Council of Europe

bne IntelliNews November 24, 2023

New report warns rise of right wing extreme nationalist groups are a "serious risk factor" in the region and undermine efforts to preserve peace.

Croatians still unconvinced of benefits of euro adoption

Aidą Kadyrzhanova in Prague November 24, 2023

Population of newest Eurozone member Croatia are least enthusiastic about European single currency.

Ukraine EU accession talks will be "difficult", European Council President Michel says

Ben Aris in Berlin November 23, 2023

The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult".

Bulgaria had EU's biggest population slump in pandemic year 2021

bne IntelliNews November 21, 2023

EU regions with the steepest population loss were all in Bulgaria, led by Vidin with a loss of 25.7 per 1,000 people.

INTERVIEW: Green transition must be a just transition, says EBRD chief economist

Clare Nuttall in Glasgow November 21, 2023

EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.

PPF hunts for opportunities in Balkans as it retreats west

Robert Anderson in Bucharest November 15, 2023

Czech financial group is in the process of selling or scaling down its once sizeable consumer credit operations in Russia, China and Southeast Asia.

INTERVIEW: Andrew Michta, director of the Scowcroft Strategy Initiative

Robert Anderson in Bucharest November 14, 2023

“If we find ourselves in a situation where Ukraine is cut off financially and runs out of resources, if we force Ukraine into some sort of frozen conflict or armistice, that is a victory for Putin.”

ING: Car market full speed ahead in the run up to 2024

Oleksiy Soroka a senior high yield credit research analyst at ING. November 14, 2023

The auto sector maintained momentum throughout 2023, which pushes sales an expected 8% higher. We think that order books and underlying demand will still bring positive developments next year, too.

Croatia’s defence minister fired after deadly car crash

bne IntelliNews November 13, 2023

Andrej Plenkovic to appoint new defence minister within days after Mario Banozic hospitalised with head injuries.

Croatia investigates mystery poisonings linked to Coca-Cola drinks

Denitsa Koseva in Sofia November 8, 2023

Health minister tells population to drink tap water and not to panic after at least seven people hospitalised.

Cleaner air is accelerating global warming

Ben Aris in Berlin November 8, 2023

The reduction in atmospheric pollution, often associated with burning coal, oil, and fossil fuels, has led to clearer skies and that means more sunshine, which paradoxically is actually exacerbating global warming, not preventing it.

Businesses increasingly concerned over geopolitical and economic risks to the global economy, says Oxford Economics

Ben Aris in Berlin November 7, 2023

Businesses are increasingly concerned over geopolitical and economic risks to the global economy, according to Oxford Economics’ latest Global Risk Survey released on November 6.

NEMETHY: Is the global economy reaching a tipping point?

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors November 5, 2023

The US economy is powering forward with almost 5% GDP growth as per the last measured quarter. Global GDP growth is in the range of 3%. This article will explore whether we are reaching (or have already passed) a tipping point.

New migration crisis takes toll on Balkan economies

bne IntelliNews October 31, 2023

Schengen members introduce border controls amid higher migration, with situation expected to worsen after mass exodus from Gaza.

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