Southeast Europe / Data

Romania’s industry contracts for the first time in 10 years

bne IntelliNews August 15, 2019

Romania’s industrial production plunged by 6.6% y/y in June, dragging down the quarter’s performance to negative 1.7% y/y as the production of traditionally robust industrial sectors disappointed.

Local investors lead real estate investment in Bulgaria in 1H19

bne IntelliNews August 14, 2019

Local investors were responsible for 59% of real estate investments in Bulgaria in 1H19, reversing the trend seen in the last two years as the volume of foreign investment tumbled, a report from Colliers shows.

CEE economies are weakening but domestic demand offsets Eurozone slowdown

Ben Aris in Berlin August 14, 2019

GDP growth figures from the second quarter of this year were down on the first quarter but showed that growth was still being supported in Central and Eastern Europe by domestic demand that has gone some way to offsetting an EU slowdown.

Romania’s GDP maintains robust 4.4% y/y growth in Q2

Iulian Ernst in Bucharest August 14, 2019

The figures confirm the improvement in the industrial and construction sectors in Q2, compared to their more sluggish performances in Q1, when growth was driven by private consumption.

Warning signs of a downturn in Slovenia’s construction sector

Valentina Dimitrievska in Skopje August 13, 2019

The Slovenian construction sector posted growth in all areas in 2018, but turnover has not yet returned to where it was pre-crisis and there are indications that growth is about to slow.

Hike in arrivals from Germany pushes up Croatian tourist figures for June

bne IntelliNews August 13, 2019

Croatia saw an 11.2% y/y increase in tourist arrivals in June, as the sector rebounded after bad weather resulted in a disappointing May performance.

Romania’s trade gap narrows by 13% y/y in Q2

bne IntelliNews August 12, 2019

Import growth slows despite continuing strong rise in household incomes.

TURKEY INSIGHT: Official inflation hops up to 16.65% but that’s not enough to blow Erdogan’s plan off course

Akin Nazli in Belgrade August 5, 2019

Central bank is still no doubt working on another chunky rate cut.

PwC says Romania’s media and entertainment market to hit $3bn in 2019

bne IntelliNews July 25, 2019

Adoption of personalisation and digitisation technologies to lead to aggressive competition and a wave of investment in innovation.

Number of foreign visitors to Albania jumps by 27% y/y in June

bne IntelliNews July 23, 2019

Very positive figures for Albania at the start of the tourist summer season.

Romania’s government disputes Eurostat's 4.5%-of-GDP Q1 budget deficit figure

Iulian Ernst in Bucharest July 22, 2019

Eurostat says Romania's budget deficit in the first half of this year was the highest across the EU, but the Romanian government says the figure will be lower for the full year.