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Imports Still Bigger than Exports
The Austrian external trade increases moderately in the first half of 2012. Export growth was slightly higher than import growth.
September 7, 2012
Serbian Industrial Production Declines
In June, Serbia´s industrial production fell by 4.0% against 2011. The outlook is not promising, RCB says.
September 7, 2012
Serbia´s Current Account Deficit on the Rise
According to RCB (Raiffeisen Centrobank), the current account gap widened in June by 15.6% mom supported by remittances fall (-32.0% mom),
September 7, 2012
Polish Central Bank Retains Interest Rate
NBP (National Bank of Poland) kept the base rate at 4.75%. In the last weeks, a cut was discussed.
September 7, 2012
IMF: List of Demands against Hungary Became Public
The list contains demands of the IMF against Hungary and is the precondition for the safety loan of € 20bn. However, the list could be a counterfeit.
September 7, 2012
Lithuania´s Rating Confirmed
The rating agency Standard & Poor´s (S&P) kept Lithuania´s sovereign debt rating at BBB.
September 7, 2012
Unemployment: Highest Payments for Austrians
According to the globalization fund, Austrian unemployed receive three times as much than the EU average.
September 7, 2012
Slovakia: Rising Unemployment Despite 2.8% GDP Growth
In the second quarter of 2012, Slovakia´s GDP moved up by 2.8%. The unemployment rate reached 13.6%.
September 6, 2012
Austrian Growth Above EU Average
Unlike the Eurozone, Austria faces no recession. In the Eurozone, GDP was down by 0.2%.
September 6, 2012
Slovenia: „Irish or Greek Way“
The Slovenian economist Egon Zakrajsek explains that Slovenia´s illiquidity only a question of time. The problem banks should be sold, he recommends.
September 5, 2012
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