Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.
The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.
Acquisition to strengthen OYO Vacation Homes’ presence in the strategically important Croatian tourism market.
Southeast Europe is split over the issues of sanctions on Russia and military aid to Ukraine, with some states firmly in the western camp, some staying neutral and others internally torn.
Russian GDP forecast to fall by 9-15% this year, while Ukraine's economy could collapse by 38-45%.
Croatia gets away first Eurobond of 2022 despite challenging market conditions.
Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.
European economic sentiment took a hit in March, falling in seven of the ten most important economies, as the war in Ukraine and the economic impact of extreme sanctions on Russia drive up inflation and disrupt supply chains.
There is deep disappointment over the rate of progress of various Roma inclusion policies of the European Union during the last few decades.
Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.
Three countries to promote the development of hydrogen technologies as they aim to reach climate neutrality by 2050.
A majority of Serbians blame the US and Nato for the war in Ukraine, while just over a quarter blame Russia, a new poll shows.
Soviet-made drone from the war in Ukraine crashed in Zagreb after crossing two other Nato members undetected.
Intellias decided to move its delivery centre from Serbia's Novi Sad to Zagreb, saying government responses to the events in Ukraine are “extremely important to us”.
Central and Eastern Europe’s arms industry should also benefit from the shift of defence up the list of political priorities.
The Russian bank's Central and Southeastern European operations are being quickly sold to other banks or wound down.
Long queues reported outside Croatian Sberbank as war and sanctions raised fears of collapse among customers, even ahead of ECB warning over Sberbank's European operations.
Stock prices plunged across Southeast Europe on February 24 as news broke of Russia’s invasion of Ukraine in the early hours of the morning.
Serbia and Republika Srpska profess neutrality over conflict in eastern Ukraine, despite reports of pressure on Belgrade to back western sanctions on Russia.