companies

IFC: SEE governments should step up structural reforms to help spur growth

One of the biggest issues the region is struggling with right now is that structural reforms have not moved as fast as we have expected or hoped for. As a result, SEE countries are saddled with relatively high unemployment and poorly functioning labour markets and, consequently, the levels of growth across the region are not reaching full potential and are not high enough to address those kinds of fundamental challenges.

industries

Prolonged gas cuts during 2015/2016 winter unlikely amidst ward off effects from Ukraine crisis

Despite serious concerns at the beginning of the crisis, most of Western and Eastern Europe have weathered the impact of the Russia- Ukraine crisis relatively well so far, as the growth momentum in the Eurozone turned out stronger than the downward pressures from the crisis, caused by recessions in Russia and Ukraine and the sanctions/countersanctions.