As Czech economy plunges, unemployment reaches two-year high
Prague, Czech Republic – As the Czech economy takes a deep plunge due to the Covid-19 pandemic and weeks-long lockdown,Continue Reading
Tag: Growth & Inequality
Recession in Hungary could be worse than expected, analysts warn
Budapest, Hungary – Hungary could face a deeper economic recession than initially expected due to the coronavirus pandemic, credit ratingContinue Reading
Poland to enter recession for first time in 30 years
Warsaw, Poland – Poland will enter recession for the first time in three decades, according to the latest World EconomicContinue Reading
Prague and Bratislava among richest regions in the EU
Bratislava, Slovakia – According to new Eurostat data, Prague and Bratislava ranked among the richest regions in the EU inContinue Reading
Czechs rank among world’s happiest nations, Hungarians among unhappiest in Europe
Prague, Czech Republic – The Czech Republic has been named among the 20 happiest nations in the world, according toContinue Reading
Coronavirus: Czech Republic could face recession in 2020, Poland and Hungary to stagnate
Prague, Czech Republic – The Czech Republic is likely to face a recession as a result of the coronavirus crisis,Continue Reading
Slovakia: Auto companies halt production amid fears of economic downturn
Bratislava, Slovakia – Slovakia’s four auto manufacturers have now halted production after the last one standing, the Zilina-based Kia, announcedContinue Reading
Poland overtakes Portugal in terms of GDP per capita
Warsaw, Poland – Poland is catching up with its neighbours in the West. According to the International Monetary Fund, theContinue Reading
Poland, Hungary and Slovakia’s ‘businesses birth rate’ among EU’s highest
Warsaw, Poland – Looking at the share of new businesses being created over the course of a year, Poland, HungaryContinue Reading
Poland and Hungary to remain among EU’s top growing economies in 2020
Budapest, Hungary – Although Central European economies remain among the top growing in the EU in 2020, the latest forecastsContinue Reading
The fall of Czech tycoon and presidential hopeful Jaromir Soukup
Things are starting to look increasingly bleak for Czech media tycoon, billionaire and presidential candidate Jaromir Soukup. In the past,Continue Reading
Only 2% of Czechs unable to pay utility bills on time, shows new study
Prague, Czech Republic – According to new figures released by the EU’s statistical office, only 2.1% of Czechs were unableContinue Reading
Czechs need “minimum decent wage” of 1,200€ to cover basic needs
Prague, Czech Republic – According to a team of experts from the Czech Sociological Institute and Friedrich Ebert Foundation, theContinue Reading
Slovakia’s economic growth slows down to lowest level since 2013
Bratislava, Slovakia – The Slovak economy is going through a rough patch. According to data released last week by theContinue Reading
Central Europe’s economic growth on a slippery slope, warns OECD
Budapest, Hungary – Central European economies’ are poised to expand at a robust pace in the coming years, but theirContinue Reading
Poland and Hungary’s economic growth highest in the EU
Warsaw, Poland – Poland and Hungary had the two highest economic growth rates in the third quarter 2019, according toContinue Reading
Czechs and Slovaks among least threatened by poverty in the EU
Bratislava, Slovakia – The Czech Republic and Slovakia boasts among the lowest rates of people at risk of poverty inContinue Reading
Czech Republic is most competitive economy in Central Europe
Prague, Czech Republic – The Czech Republic secures its position as the most competitive economy in Central Europe, according toContinue Reading
What are Poles and Hungarians most worried about?
Warsaw, Poland – An extensive international Ipsos poll, released last month, sheds some light on the most worrisome issues forContinue Reading
Slovakia’s economy ‘going downhill’, warns Central Bank
Bratislava, Slovakia – Slovakia’s National Bank (NBS) has lowered its growth forecasts for 2019 and 2020, warning of a significantContinue Reading