The labour shortages that have threatened to limit economic expansion in Central and some parts of Southeast Europe have started to ease in some countries, with increased labour migration a contributing factor.
China became the top investor in CEE in 2019, leading fellow East Asian investors that accounted for a growing share of M&A in the region. More deals are expected to follow, says a new report from law firm CMS.
V4 plus Austria agree on issues such as migration, border security and enlargement, but differences arise over nuclear energy as a solution to climate crisis.
Coal producing regions such as those in Poland and Czechia stand to benefit from the Just Transition Mechanism, a tool Brussels hopes will mobilise up to €100bn to ease the move away from coal as a source of energy.
A growth deceleration is forecast in Slovakia, where the automotive industry and other sectors face weaker external demand that will negatively impact exports.
The European Commission’s batch of Economic Sentiment Indicators (ESIs) fell sharply in December, although they remain consistent with regional GDP growth holding steady at around 3.6% y/y in Q4. Robust domestic demand should help to cushion the blow