The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) increased by 5.0pts m/m to 37.4pts in May, according to a report by the Center for European Economic Research (ZEW) and Erste. At the same time, assessments of current economic situation decreased by 15.4pts to -14.3pts.
Overall, the ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) rose by 15.4pts to 44.9pts in May. The assessment of the current economic situation for the CEE region improved by 0.7pts to 6.7pts.
In spite of prevailing uncertainty in the euro-zone, experts' optimism increases in May for all countries in the CEE region and for the euro-zone, it concludes.
Related Articles
Poland signs €200mn deal with ICEYE for reconnaissance satellites
Poland will acquire three synthetic aperture radar (SAR) satellites under a €200mn agreement with Polish-Finnish satellite operator ICEYE, the company said on May 14. The contract comes in the ... more
Erste Group buys 49% of Santander’s Polish unit for €6.8bn
Erste Group acquired a 49% stake in Santander’s Polish bank for approximately €6.8bn, the Austrian lender said on May 5. The Austrian bank, the country’s largest, also agreed to purchase 50% ... more
Santander reportedly weighing sale options for its Polish unit
Banco Santander may offload part or all of its holding in Santander Bank Polska, people “familiar with the matter” told Bloomberg on April 8. The considerations come as Spain’s largest ... more