Weak German Economy Pulls Eastern European Countries Down
Economic weakness in Germany hit European Union’s east in the fourth quarter, raising concerns about the pace of recovery expected this year.
Source: financialpost.com
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UniCredit Predictions on Growth, Inflation and EUR/HUF
The Budapest Business Journal sat down with Dan Bucsa, chief CEE economist of UniCredit Group, the Hungarian bank’s chief economist, Zsolt Becsey, and head of treasury, Attila Csáky, to discuss their views on the economy and its expected direction next year.
Source: bbj.hu
Romania Holds Rates Steady as Concerns Over Inflation Linger
(Bloomberg) -- Romania kept borrowing costs unchanged at its final monetary-policy meeting this year as concerns over persistently high inflation outweigh warnings of an economic slowdown. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseXi to Meet US Business Leaders for Dinner in San FranciscoVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsApple Delays Work on Next
Source: yahoo.com
UniCredit expects Romania to outperform economically, Hungary, Czech Republic to lag
UniCredit economists expect the economies in EU-CEE[1] and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024. Romania is foreseen to outp...
Source: actmedia.eu
Faster CEE Growth Faces External Headwinds - UniCredit
UniCredit economists expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024. GDP growth in Hungary could be 0.2%, while average annual inflation could be 17.4% this year.
Source: bbj.hu