The boom Central and Eastern Europe has been enjoying for the last four years has reached its peak as countries in the region start to run up against their structural limits.
Colliers International warns of limitations to GDP growth and a threat of recession if the labour force squeeze caused by low unemployment and high emigration continues.
Slovak industrial production increased by 2.1% y/y in June and when seasonally adjusted, industrial output remained unchanged m/m, data published by the Slovak Statistics Office (SU SR) on August 10 show.
As the property boom in Central and Eastern Europe continues, investors are looking for new and lucrative niches to target. Except in Poland, the student accommodation segment has barely been exploited in the region but it has high potential.
China wants to set closer economic ties with the European Union after a trade war has erupted between the East Asian powerhouse and the US.