Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.
But pandemic has delayed restart of convergence with Western Europe until 2023.
Populist premier, who will take over EU rotating presidency in July, is accused of proposing "final disintegration of former Yugoslavia".
With most of Europe under lockdown, holidaymakers from the Western Balkans are jetting off to exotic long haul destinations.
A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.
After months of delays, all of the Western Balkans countries have embarked on the vaccination of their populations against coronavirus.
Tobias Zech stepped down following media reports that he took cash for lobbying for North Macedonia’s former prime minister Nikola Gruevski in 2016.
Despite numerous challenges, there are a growing number of successful e-commerce platforms in the Western Balkans region.
The moderate GDP setbacks in 2020 imply that for some CEE countries there will not be such drastic recovery and rebound effects in 2021 as in hard-hit countries in Western Europe.
Over 4,000 COVID-19 cases daily are being reported in Bulgaria, Romania and Serbia, putting hospitals under strain.
With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.
North Macedonia has 14 free zones where companies employ over 14,000 people.
Vasil Garvanliev’s video included a triptych in the colours of the Bulgarian flag, seen as a deliberate provocation amid the diplomatic rift between Skopje and Sofia.
The region’s economy needs to be more sustainable and connected, which can only be achieved through the digital and green transformation, writes EIB vice-president Lilyana Pavlova.
Leaked letters show government tried to make purchase through Hong Kong registered phantom firm as Skopje struggles to secure vaccines.
In such a deeply divided society as North Macedonia holding a census is not easy.
North Macedonia follows Croatia and Serbia to the international markets, borrowing at a historically low interest rate.
Better performance in Q4 left North Macedonia with a 4.5% GDP contraction for 2020.
Protests after three ethnic Albanians given life sentences in "Monster" case for brutal killings of five men.
The potential for energy savings in the buildings sector — characterised by ageing, poorly maintained apartment blocks — is estimated at more than 50% of consumption, Energy Community report shows.