Claims 19th position with $68bn in revenues.
The board of the Central Bank of Russia (CBR) resolved to keep the key interest rate unchanged at 21% at the policy meeting of April 25, according to the press-release of the regulator.
The World Bank has sharply revised downward its economic growth projections for Romania, now expecting GDP to grow by just 1.3% in 2025 and 1.9% in 2026.
Slovak unemployment slightly dropped to 3.72% in March, down by 0.07 percentage point from February and by 0.16 pp from March 2024, while the number of unemployed persons was the lowest on record since 1993.
After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady yet underwhelming growth rates, the International Monetary Fund said in its latest World Economic Outlook.
Romania posted the widest general government budget deficit among EU member states at 9.3% of GDP, nearly three times the EU average.
Slovakia’s gross domestic product performance improved to 2.1% growth in 2024, following the spring revision of GDP growth in the years 2021-2024 released by the Statistical Office of the Slovak Republic.
Flights held in seven regions.
Poland’s core inflation, an indicator that measures price growth excluding movement in prices of food and energy, came in at 3.6% y/y in March (chart) after posting the same reading in February, the National Bank of Poland said on April 16.
The Russian ruble strengthened to RUB82.3 to the dollar on April 16, making it the best performing currency in the world YTD and outperforming other assets like gold as well.
When destination countries tighten migration and refugee policies, it has economic ripple effects elsewhere, the International Monetary Fund (IMF) said in a blog. Migration has always been an integral part of humanity’s history and success.
Although inflation remains above the National Bank of Poland’s target range of 1.5%-3.5%, the continued stability in price growth so far in 2025 has shifted the central bank’s monetary policy outlook.
Monthly prime rent on luxury retail street $250 per square metre.
Russia's consumer prices rose by 0.65% month on month and 10.3% year on year in March, according to the latest RosStat statistics agency data. (chart)
President Erdogan has warned problem could reach “irreparable proportions”.
FX firepower Erdogan regime has at its disposal declines further, but is still a substantial distance from hitting previous lows.
Romania’s rapidly rising public debt (chart) remained steady through January, ending the month at RON964.4bn (€193.8bn), or 46.8% of GDP, according to data published by the Finance Ministry.
Romania’s foreign trade (chart) deficit widened by 32% year on year in February 2025, reaching €2.74bn, as export volumes declined and imports continued to rise, according to figures published by the National Institute of Statistics.
South Korea's central bank is leaning towards reducing interest rates this April, even as the national currency hits its weakest point since 2009.