2020 has been one of the worst years in living memory. Worse than 2008. But the global economy should bounce back in 2021 as the pandemic fades thanks to the new vaccines
The main stock markets of Central and Southeast Europe jumped in mid-November on a series of positive news reports of vaccine trial successes that gave hope that an end to the disruption caused by the coronavirus (COVID-19) could arrive within months
Capital Economic’s economic sentiment indicator took a step down in November after a broad-based recovery since April across Central and Eastern Europe (CEE).
The upcoming Biden presidency in the US is expected to lead to an easing of trade tensions that have been particularly damaging for Central Europe’s small export-oriented economies, but it doesn’t herald a return to the old, globalised world.
A record 21 Czech companies made it into the ranking of the region’s fastest growing tech businesses.
The coronacrisis has sent already record-high levels of global debt soaring to giddying new levels, reports the Institute of International Finance (IIF) in a note released on November 18.
Most of CEE is heading for a double-dip recession this year as the latest wave of the crisis will result in fresh contractions in 4Q20, say wiiw economists.
There is positive news for all Central and Eastern Europe (CEE) commercial bankers, market observers and investment bankers. The fresh 2020 CEE Banking Report by Raiffeisen Research paints an encouraging picture of banking in CEE.
First estimates from OIV show drought hitting the grape crops in countries such as Romania and Moldova, while others like Hungary and Russia managed to boost production.