The expansion in June marks the tenth straight month of growth.
Growth in most Central and Southeast European member states outstrips modest 4.7% average increase in demand seen across the EU.
Fund’s Europe head warns rapid outflows of skilled workers, ageing workforce and political turmoil are adding to dilemma.
Ukraine has replaced Belarus as the top source of illegal cigarette imports to EU countries, as the countries on the EU’s eastern borders continue to be the main source of counterfeit and contraband cigarettes.
Estonia and Georgia, two nations that several years back suffered paralysing Russian cyber incursions, have made the top 10 in a fresh UN cybersecurity ranking.
Diplomats at the G20 summit in Hamburg managed to cobble together a compromise text promising not to resort to trade protectionism, but whether this will eliminate the threat of trade wars remains to be seen.
Latvia's calendar-adjusted industrial production grew 9.9% y/y in May, the Central Statistical Bureau (CSB) reported on July 4.
Thirteen of the 28 EU member states have given their backing to a request from the European Commission for a mandate to negotiate with Russia over the Nord Stream 2 gas pipeline project.
American sanctions threat fuels tensions surrounding Russia’s plans to expand gas supplies to Europe.