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.
Inflation was pulled down by lower prices of food and non-alcoholic beverages.
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.
The European Court of Human Rights reportedly decided Babis' request to be removed from the list of former Communist secret police agents was "unacceptable".
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
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 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.
Growth in industrial robot shipments to Central and Eastern Europe to considerably outstrip global growth, as labour shortages bite.
Fitch Ratings upgraded the International Investment Bank’s (IIB) long-term credit rating to BBB+ with a stable outlook