Coal-fired power plants account for a significant share of the region’s power generation, with most burning highly polluting lignite.
Market Links poll shows a very similar situation to early 2013, when Bulgaria saw months of mass protests ending with the government's resignation.
The current account deficit was considerably smaller than the $1.6bn reported in September, the National Bank of Ukraine said.
The 1.7% y/y expansion rate marks a slowdown of 0.6pp compared to the sector’s performance in September. Still, output has now grown for 28 months straight in Estonian industry.
Ukraine's government forecasts an increase in the average wage in 2018 to UAH10,000 ($356), but the central bank has warned of a slowdown in wage growth next year.
In 22 regions over 33% of people earn less than this amount, according to the survey by the RIA Rating agency.
The recovery of Russia’s manufacturing sector, until now the weakest part of the economy, showed signs of building up momentum in November as the IHS Markit manufacturing PMI index put in its second strong showing in a row to 52.6.
The market slowed down in Q3, but the slowdown was nothing like that of overall retail sales that showed their weakest performance in five years in Q3.
EU-aspiring Macedonia has the potential to accelerate its economic growth and reduce poverty if it leverages the advantages of its strategic location and openness to trade and investment to achieve EU standards, the World Bank said in a new report.
Move follows finance minister last week telling parliamentary committee he did not really need to borrow lira through the end of the year but that did not mean that he would not.
The Governor of the Central Bank of Russia Elvira Nabiullina sees current market conditions as fit to restart FX purchases off the market in January,
Czechia is a leader amongst fast rising labour costs in Central and Eastern Europe (CEE), with average wages up 9.3% y/y in the 2Q18, the sixth highest in the EU
Lower electricity prices in Romania are partly explained by milder taxation: taxes and levies accounted for only 27% of Romanians' electricity bills compared to the EU average of over 37%.
84% of Russians feel happy and say that being part of a family, being healthy and having a good job are reasons to be cheerful, state owned pollster VTsIOM said.
Amid slump in demand triggered by currency crisis analysts see signs Turks have switched their consumption away from imports towards domestically-produced goods.
Ukraine’s retail sales increased by 5.4% year-on-year in real terms in January-October, following 5.5% y/y growth in January-September, according to the nation's state statistics service Ukrstat.
Average temperatures are expected to rise by up to 6°C by 2100, while the number of extreme weather events will significantly increase.
The headline figure constitutes a solid rebound against the unadjusted growth of just 2.8% y/y in September, which confused analysts, especially in the context of a surge in the GDP growth in the third quarter.
Data highlights how Turkish downturn amid the lira currency crisis has gathered pace.
Profitability ratios were close to those seen in 2008 before the credit crunch and subsequent economic recession.