Slovakia inflation at 2.5% in September

bne IntelliNews October 18, 2018

Slovak average harmonised inflation rate amounted at 2.5% in September, the Slovak Statistics Office reported on Wednesday October 17. In August the inflation accelerated to 2.8% y/y from 2.6% in July.

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.

Moneta, Air Bank and Home Credit to create third largest Czech bank

bne IntelliNews October 9, 2018

Richest Czech Petr Kellner to own fifth of new listed lender after €750mn deal.

UK foreign secretary alienates CEE by likening EU to Soviet Union

Wojciech Kosc in Warsaw October 2, 2018

Jeremy Hunt scores own goal as he angers politicians in countries that had been advocating a lenient approach to Brexit.

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.