High tech investment the answer to CEE’s labour crisis

Clare Nuttall in Glasgow December 17, 2018

As labour markets tighten across CEE, economists say the best outcome for the region is for companies to respond to worker shortages by investing into new technologies.

Slovakia's inflation at 2.1% in November

bne IntelliNews December 17, 2018

Inflation was pulled down by lower prices of food and non-alcoholic beverages.

Slovak industrial production up by 1.2% y/y in October

bne IntelliNews December 12, 2018

Slovakia´s industrial output increased by 1.2% in October year-on-year, the Slovak Statistics Office reported on December 11. The growth was due to a growth in manufacturing, a drop in energy supplies and in mining and quarrying.

European court rejects Czech Prime Minister Babis's complaint, leaves him on StB spy list in Slovakia

bne IntelliNews December 12, 2018

The European Court of Human Rights reportedly decided Babis' request to be removed from the list of former Communist secret police agents was "unacceptable".

COMMENT: The state is back in the banking business in Central and Eastern Europe

Gunter Deuber of Raiffeisen Research in Vienna December 10, 2018

For a few years now, foreign banks have been constantly losing market share in many of the larger Central-, Southeastern and Eastern European markets, but there is a shift in the game as state banks are proudly increasing their share in many markets

Slovakia´s GDP growth of 4.6% in 3Q18 driven mostly by non-domestic demand

bne IntelliNews December 10, 2018

The Slovak economy expanded at its fastest rate since the end of 2015 in the third quarter of this year, up by 1.6 percentage points to 4.6%, driven up mostly by non-domestic demand, Slovak Statistics Office shows

Slovakia´s unemployment rate reached 6.4% growth y/y

bne IntelliNews December 10, 2018

Slovakia´s unemployment rate declined by 1.6 percentage point (pp) to 6.4% in 3Q18 year-on-year (for men it decreased by 1.8pp to 6% and for women by 1.4pp to 6.8% y/y), according to data published by the Slovak Statistics Office on December 7.

CEE firms to invest heavily into robots

bne IntelliNews December 6, 2018

Growth in industrial robot shipments to Central and Eastern Europe to considerably outstrip global growth, as labour shortages bite.

Fitch upgrades IIB to BBB+/Stable

bne IntelliNews November 23, 2018

Fitch Ratings upgraded the International Investment Bank’s (IIB) long-term credit rating to BBB+ with a stable outlook