Southeast Europe / Data

Moldova’s inflation hits 29% y/y in May

bne IntelliNews June 12, 2022

Further inflationary pressure is expected as end-user electricity prices rise by between 14% and 22% in June.

Bulgarians most sceptical in EU about euro adoption, Eurobarometer poll says

bne IntelliNews June 12, 2022

54% of Bulgarians don't want their country to switch to the euro, despite plans to enter the eurozone in January 2023.

Romania’s 12-month trade gap hits 10.7% of GDP as deficit deepens by 65% y/y in April

bne IntelliNews June 10, 2022

Trade gap reached €26.6bn in 12 months to April, after rising commodities prices pushed up the value of both exports and imports.

Detailed Q1 GDP figures confirm private consumption and IT&C as main growth drivers in Romania

bne IntelliNews June 9, 2022

Earlier flash estimate indicating 6.5% y/y growth and a 5.2% q/q advance surprised analysts, who were expecting a weaker performance.

Nearly 40% of Bulgarians want out of Nato as pro-Russian propaganda strengthens

bne IntelliNews June 5, 2022

Minister says a propaganda war is being fought in Bulgaria, turning public opinion on the war in Ukraine.

Russia's invasion of Ukraine pushes Eastern Europe further towards the West

Robert Anderson in Prague June 3, 2022

But close to half of Globsec Trends 2022 poll respondents in Hungary, Bulgaria and Slovakia do not place primary responsibility on Russia for the war in Ukraine.

Business conditions in Turkish manufacturing sector stayed subdued in May shows latest PMI data

bne IntelIiNews June 1, 2022

Muted customer demand and ongoing price pressures noted. Economic slowdown in Europe a headache for exporters.

Profits of Romanian banks stay robust in Q1

bne IntelliNews May 31, 2022

The cumulated profits of the three largest banks in Romania — Banca Transilvania, BCR and BRD — exceeded RON1bln in Q1.

Romanians cash term deposits to buy foreign currency

bne IntelliNews May 30, 2022

Households have cashed part of their term deposits, as the deposit interest rates lag well behind inflation, but the money migrated to foreign currency.

Fall in hydropower production puts Albania’s finances under pressure

bne IntelliNews May 24, 2022

Albania’s electricity generation fell in Q1, forcing the country to increase imports more than sevenfold at a time when prices are soaring.

IMF says rising prices to slow Albania’s growth to 3% in 2022

bne IntelliNews May 23, 2022

Growth will be driven by tourism and construction, but slowed by sharply rising prices – inflation has already exceeded the central bank’s 3% target.

Moldova’s industry up 3.3% y/y in Q3 driven by food, beverages and wood processing

bne IntelIiNews May 23, 2022

Last year the country’s industry rallied driven by robust domestic demand and leapt up by 12.4% — but this year the growth rate is likely to slow down close to a standstill.

Industrial inflation exceeds 25% y/y in Moldova

bne IntelliNews May 20, 2022

The industrial price inflation in April was the second-highest since last November when Gazprom began charging much higher prices under a new contract.

Romania’s construction companies post robust 6.5% growth in Q1

bne IntelliNews May 20, 2022

The volume of construction works in Romania increased by 6.5% y/y in the first quarter of 2022.