Southeast Europe / Data

Western Balkans need to diversify energy mix with renewables, EBRD says

bne IntelliNews December 4, 2018

Coal-fired power plants account for a significant share of the region’s power generation, with most burning highly polluting lignite.

75% of Bulgarians unhappy with political situation, expect early election

bne IntelliNews December 3, 2018

Market Links poll shows a very similar situation to early 2013, when Bulgaria saw months of mass protests ending with the government's resignation.

Romanian technical consumer goods market up 17% in Jan-Sep

bne IntelliNews December 3, 2018

The market slowed down in Q3, but the slowdown was nothing like that of overall retail sales that showed their weakest performance in five years in Q3.

World Bank urges Macedonia to use its potential to accelerate economic growth

bne IntelliNews December 1, 2018

EU-aspiring Macedonia has the potential to accelerate its economic growth and reduce poverty if it leverages the advantages of its strategic location and openness to trade and investment to achieve EU standards, the World Bank said in a new report.

Turkey raises December domestic borrowing projection to TRY4.5bn

Akin Nazli in Belgrade November 30, 2018

Move follows finance minister last week telling parliamentary committee he did not really need to borrow lira through the end of the year but that did not mean that he would not.

Romanian households experience steepest electricity price rise in EU28

bne IntelliNews November 28, 2018

Lower electricity prices in Romania are partly explained by milder taxation: taxes and levies accounted for only 27% of Romanians' electricity bills compared to the EU average of over 37%.

Turkish consumer confidence recovers slightly in November

Akin Nazli in Belgrade November 22, 2018

Amid slump in demand triggered by currency crisis analysts see signs Turks have switched their consumption away from imports towards domestically-produced goods.

Slovenian Environment Agency warns of severe climate changes by end of century

bne IntelliNews November 21, 2018

Average temperatures are expected to rise by up to 6°C by 2100, while the number of extreme weather events will significantly increase.

Issued building permits in Turkey down 41% y/y in Jan-Sept

Akin Nazli in Belgrade November 20, 2018

Data highlights how Turkish downturn amid the lira currency crisis has gathered pace.

Romanian banks post second-highest profit of last decade in Q3

bne IntelliNews November 20, 2018

Profitability ratios were close to those seen in 2008 before the credit crunch and subsequent economic recession.

Turkey’s unemployment rate recorded at 11.1% in August, 0.5pp up on a year ago

bne IntelliNews November 15, 2018

Figure now highest since last year, risks are seen on the upside as economic rebalancing takes hold ahead of possibly severe recession.

Turkey’s end-year inflation expectations rise again, central bank survey respondents now see 24.45%

bne IntelliNews November 15, 2018

Central bank’s weighted average cost of funding forecast to rise from 24% to 24.12% in the three months ahead.