Eastern European market data, analysis and forecasts from Business Monitor International, the trusted source for business information and intelligence on global emerging markets.
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Economy / Hungary
On June 25, Hungarian Prime Minister Gordon Bajnai stated that he has complete confidence in National Bank of Hungary (NBH) Governor Andras Simor, and called Simor the victim of a slander campaign. This defence from Bajnai came in response to calls from both the opposition Fidesz party and several senior Socialist Party politicians who have called on Simor to resign, citing allegations...
2009-06-26Economy / Hungary
Hungarian industrial production contracted by a shocking 27.1% y-o-y in April, compared to a reduction of only 15.6% in March, although the Central Statistical Office points out that...
2009-06-25Economy / Czech Republic
Czech consumer sentiment ticked up to -16.0 and -17.0 in May and June, respectively, after averaging -25.5 over January-April. Similarly, business sentiment rose to -8.1 and -9.0...
2009-06-25Economy / Moldova
On June 22, Russian President Dmitry Medvedev stated that he supports the efforts of outgoing Moldovan President Vladimir Voronin to restore order in the country following the disputed April 5 parliamentary election. Russian Prime Minister Vladimir Putin also stated that Moldova could receive US$500mn of financial aid from Moscow, with the first US$150mn tranche possible in 6-8...
2009-06-29Economy / Mongolia
Following a meeting in Ottawa between Mongolian Agricultural Minister Tunjin Badamjunai and Canadian Agricultural Minister Gerry Ritz, Ulan Bator agreed to allow imports of a wide...
2009-06-26Economy / Macedonia
On June 2, men in black T-shirts - reportedly bearing the logo of Greek far-right party Chrysi Avyi ('Golden Dawn') - stormed an Athens publicity event for a new Greek-Macedonian dictionary. Macedonia's major political parties condemned the incident, and called on Athens to both find the perpetrators and prevent future incidents. However, we caution that with both governments'...
2009-06-29Economy / Macedonia
Macedonian inflation ticked up to 0.4% y-o-y in May, from -0.2% in April. The increase owed principally to strong price growth of 7.9% y-o-y in the utilities component, coupled to...
2009-06-26Economy / Albania
Aleksander Keka, the regional leader of Albania's opposition Christian Democratic Party (PDK), was killed by an explosive device on June 18. The incident took place while he was driving...
2009-06-24
