The European Union remains heavily dependent on China and Russia for rare earth imports, with nearly three-quarters of its supply sourced from the two countries in 2024, according to data published by Eurostat and reported by Statista.
Latest PMI reading follows a period of gradual recovery in Romania’s industrial sector.
Upturn follows three-quarter recession prompted by last year's poor harvest.
Business representatives say €9bn real estate investments are “dead capital” that generate neither jobs nor economic growth.
Boost in confidence follows affirmations of Romania's sovereign rating by Fitch Ratings and Moody’s Investors Service, after the government advanced its first package of fiscal measures in July.
Real estate remains the most popular option overall but younger investors are leading a shift towards stock market investing, says survey commissioned by Revolut.
Romanian households saw their purchasing power shrink in July as inflation outpaced wage growth.
Public anxiety over a potential Russian attack on Nato territory has surged in Germany following the recent drone incursion on September 10 into Polish airspace that coincided with sharp gains by the far-right Alternative for Germany (AfD).
Combined score of Romania's ruling coalition parties now only slightly ahead of AUR and fellow far-right parties.
Inflation falls to the lowest level since prices suddenly rose in January, prompted by a crisis in the electricity system after Russia cut its deliveries overnight.
Life expectancy at birth in Bulgaria stood at 75.9 years in 2024, well below the EU average of 81.7 years.
This chart tracks the UN’s latest demographic projections for four large populations: India, China, Europe, and the United States. Together, they account for about half of today’s world population, Our World in Data (OWID) reports.
Recent VAT and excise duty hikes as well as slower household income growth to weigh on consumption.
Data point to a steady recovery of the Macedonian economy, supported by construction and services, but tempered by a widening trade gap.
New data released last week by Nato exemplifies how profoundly the realities of foreign relations have changed over the course of the past three years, Statista reports.
Despite the improvement, the index remained below the neutral 50 threshold for the fifteenth consecutive month, signalling ongoing contraction.
Hydropower typically supplies nearly all of Albania’s electricity, leaving the Balkan country highly exposed to rainfall fluctuations.
One of the key components of the trade deal that the European Union and the US agreed upon on July 27 is the EU’s commitment to massively ramp up energy imports from the United States, Statista reports.
Widening trade gap weighs on Moldova’s balance of payments and adds pressure to the current account deficit.
The projections follow a period of robust growth, driven by household consumption, investment and exports.