Eurostat figures confirm Romania is following the same path as its northern neighbours in CEE, whose labour markets have tightened dramatically.
EBRD economist highlights sharp rise in corporate indebtedness especially in foreign currencies, putting economies at risk from a currency depreciation or growth slowdown.
Tourism contributed 18.8% of Croatia's GDP in 2016 and that ratio is expected to soar this year after investments in new terminals at the country's main airports, found a report from consultancy network UHY.
A new migrant route to the EU has opened up in the Balkans since the closure of the main route across the region in 2016.
Deal with creditors expected to lead to a smooth restructuring of Croatian food and retail giant, which will ease the pressure on Andrej Plenkovic's government.
The Istanbul Convention has angered conservatives in numerous Central and East European countries, whose antipathy to “gender ideology” has led to high-level political battles as governments that have signed up to the convention attempt to ratify it.
People traffickers have opened up new routes across the Western Balkans after the closure of the original route through the region two years ago.
Warsaw says changes that will see Poland losing €19.5bn in EU funding in 2021-2027 are “unacceptable”, as Brussels shifts focus from GDP per capita to youth unemployment, climate and integration of migrants.
New member states from Southeast Europe are keen to become part of the EU's core by adopting the single currency, but latest convergence report shows they still have a way to go.