Slovakia
COMMENT: Southeast Europe the growth star in CEE banking, but the profit pool is elsewhere
The core message for bankers and investors active in the CEE region should be: close to old records, potential for more but watch out for late cycle phenomena.
Central, Eastern and Southeast European sovereigns to return to debt markets on large scale in 2020, Raiffeisen says
Governments of Central and Southeast Europe have already secured most of the funding they need for this year, but with more obligations maturing in 2020 they are expected to return to the markets on a large scale next year
Slovakia ́s retail trade revenues down to 2.7% growth in May y/y, the biggest drop since 2012
Slovakia ́s revenues from retail trade (excluding car sales) increased by 2.7 % in May year-on-year, following a 1.8% gain the previous month, recording the biggest drop in retail trade since December 2012, according to data from the Slovak Statistic
BRICKS & MORTAR: Romania, Poland top destinations for new retail parks in CEE
The retail park market is still in its infancy in CEE compared to Western Europe, says a report from Cushman & Wakefield, leaving plenty of room for catch-up growth, especially in smaller cities.
Seven New Europe members of PACE walk out in protest against Russia’s readmission
The decision has split the Council down the middle. Almost all of the western European members voted overwhelming to allow Russia back in. However, countries close to the Russian border voted against readmission.
Demographic “tipping point” imminent for CEE labour markets
The ‘tipping point’ at which labour demand will become equal to labour supply is just two years away in the Czech Republic, Lithuania and Poland, says a new study from wiiw.
Zuzana Caputova sworn in as Slovakia's first female president
“I did not come to reign, but serve people,” says the lawyer and environmental activist known as the “Erin Brockovich of Slovakia”, who came out of left field to win the recent presidential election.
Slovakia´s inflation up again to 2.7% y/y in May
Slovakia´s consumer prices rose again, up 2.7% year-on-year in May and by 0.4 percentage points (pp) month-on-month, ahead of the consensus forecast of 2.6%