Spain wrestles with increasing unemployment rate.
Month: April 2023
Serbia’s global economic ranking still impacted by shadow economy
The shadow economy in Serbia has been on a downward trend, with illegal business decreasing from 14.9% to 11.7% of the GDP.
US to invest billions in Kazakhstan’s economy as part of strategic partnership
United States has been one of the largest investors in Kazakhstan’s economy since 1991, with investments exceeding $50 billion.
Poland’s strong fundamentals weakened by war, OECD report
With strong recovery from the pandemic, growth is currently stalling, and inflation is at its highest level in two decades.
Latvia’s economy to experience minimal recovery and growth
Latvia’s economic growth is expected to be minimal this year, with a projected GDP increase of only 0.1%.
Estonia’s economy shrinks by 4.1% in Q4 2022
Estonia’s gross domestic product (GDP) declined by 4.1% in the fourth quarter of 2022.
Lithuania poised to attract billions in new investments
Lithuania poised to receive over a billion euros in investments and create over 20,000 new jobs in the next half-decade.
Serbia blocks Kosovo’s bid for UN membership
Tensions rise between Serbia-Kosovo as former blocks latter’s bid for UN membership.
Georgia’s GDP to increase by another 6% in 2023
Georgian economy is expected to grow by another 6% this year.
Poland’s economic growth supported by global sentiment, not domestic demand – ING report
Growth is driven by exports, not so much domestic demand.