Tourists head off the beaten track in CEE and Eurasia

Clare Nuttall in Bucharest October 19, 2018

Exotic destinations in Central Asia and the Caucasus saw the region’s sharpest increase in tourist spend in the last seven years, a report from the WNWTO shows.

More than a third of Bulgarians and Romanians at risk of poverty

bne IntelliNews October 16, 2018

Two Southeast European states have the highest risk of poverty and social inclusion among EU members, while the lowest risks are in the Czech Republic.

Romania ranked worst among EU countries on Social Progress Index

bne IntelliNews October 16, 2018

Romania’s low scores, in particular for water, sanitation and public health, reveal deficiencies in the distribution of economic growth and public spending, report's author says.

Croatia posts highest increase in insolvencies in CEE in 2017

bne IntelliNews October 9, 2018

The surge is explained by the current bankruptcy law, under which the National Financial Agency is obliged to start bankruptcy proceedings for any company whose accounts have been blocked for more than 120 days, Coffee study finds.

Croatia’s Rimac to supply EV technology to Automobili Pininfarina in €80mn deal

Carmen Simion in Bucharest September 30, 2018

Electric super sports car producer seals new deal with Automobili Pininfarina three months after Porsche took at 10% equity stake.

Croatia’s summer season disappoints as tourists return to Turkey and Egypt

Clare Nuttall in Bucharest September 26, 2018

Dip in arrivals in August causes consternation in world’s most tourism dependent economy, but tourist numbers soar in other Eastern Adriatic destinations.

Slovenia leads CEE/SEE region in R&D spending

bne IntelliNews September 26, 2018

The tiny Adriatic nation's R&D spending is the highest in the region relative to the size of its economy, European Commission data shows.

Romania's VAT collection rate weakest among EU-28

bne IntelliNews September 25, 2018

Romania was the only EU member state to see VAT collection contract, despite a cut in its effective VAT rate.

Resolving situation at Uljanik shipyard could cost Croatia 1% of GDP, S&P warns

bne IntelliNews September 24, 2018

Troubled shipbuilder Uljanik could face bankruptcy if it fails to find a strategic investor.