Transition from the socialist system came at an enormous cost for most of the countries in Central and Eastern Europe in terms of unemployment and poverty, but now the fight against unemployment is almost won.
Sky high inflation has been the bane of emerging Europe for most of the last two and a half decades. The beast has been slain in most countries of the region, but the battle continues in others.
bne IntelliNews is publishing 2019 outlooks for the countries we cover.
Prime Minister Viktor Orban firmed his grip on power after the third consecutive supermajority win by his conservative Fidesz party in the April 2018 general election, thanks to a strong economy and a relentless anti-migration campaign
Two important elections — for Lithuania’s new president and the European parliament — will take place in May 2019. The presidential election campaign period formally started in November, six months before the vote.
At the end of 2018, three months after Latvia's general election, there was still no government in Riga. The fragmented parliament that emerged in the aftermath of the October vote has been struggling to piece together a functioning coalition.
Estonia is facing a general election in 2019, which President Kersti Kaljulaid has called for March 3. The ruling Centre Party is currently leading the polls although its result in a December poll by Kantar Emor was weak.
Slovakia’s economic activity is expected to strengthen in 2019. Real GDP growth accelerated to 4.6% y/y in the third quarter of 2018, driven mainly by domestic demand. The growth is expected to average 4.3% in both 2018 and 2019
The Czech economy is driven mainly by private consumption that is expected to slow to 3.0% in 2018. Central and Eastern Europe (CEE) has been booming for the last few years, but it is slowing now that the region is running up against structural limit
Time flies. It might seem the rule of Law and Justice (PiS) is still the shocking new in Polish politics, yet 2019 will be the year of the first real test for the ruling party’s resilience.
The CEE and Eurasia region accounts for around a quarter of the thriving $3bn global trade in secondhand clothing from western countries, but trade flows are being altered by rising incomes in the region and the falling quality of exports.