wiiw warns that a spike in global interest rates would be dangerous for the numerous countries in CESEE with high private and public external debt.
IIB launches a new project to promote Russian and Hungarian pharmaceutical industries' development.
Lack of investment has slowed down the convergence in infrastructure quality towards the EU average and may constrain medium-term economic growth.
Development bank's loan to Romanian Transgaz comes as preparations for the Hungary-Austria section of the pipeline have stalled, and negotiations between suppliers and the governments involved appear to be deadlocked.
Austrian lender predicts end to contracting net interest income in 2018.
Prime Minister Viktor Orban appears to be switching the focus of his re-election campaign, abandoning the non-stop bashing and demonising of Soros.
It could take Central Europe almost a century to close the income gap with Germany unless it changes its economic model.