The Swiss model: how it avoids double-digit inflation while others struggle
Switzerland’s inflation peaked at 3.5% in 2022, below the global average.
Italy’s economy shows resilience despite high debt and ECB rate hikes
Italy appears to have avoided a recession and shows signs of economic resilience.
Netherlands economy grows by 4.5%, outpacing neighboring countries
The Dutch economy experienced a significant growth rate of 4.5 percent in 2022.
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.
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.
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.
Russia’s GDP declines only by 2.1% in 2022 despite sanctions
Despite multiple sanctions, Russia’s economy shrank only by 2.1% in 2022.