Economy

A flash estimate for GDP growth in Q411 shows the economy expanded by 0.2% y-o-y as the economic slowdown that began in Q3 intensified in the final quarter of the year. Export growth... 2012-03-27

According to the most recent data released by the Statistical Office of the Republic of Slovenia, consumer price inflation hit 2.9% y-o-y in February up from 2.0% at the end of 2011.... 2012-03-27

Romania's current account deficit narrowed 73.4% y-o-y in January, to EUR37mn, as the country's current transfers surplus widened 143% y-o-y to EUR483mn and the income account deficit... 2012-03-26

Bulgaria's international currency reserves excluding gold decreased to EUR10.3bn in February, from EUR10.5bn in January. In month-on-month terms this means foreign currency reserves... 2012-03-26

According to the most recent data released by the Turkish central bank, the general government cash balance over the first two months of 2012 amounted to TRY7.79bn, well above the TRY5.00bn... 2012-03-26

We forecast Croatia's unemployment rate to average 20.0% this year following an annual average rate of 18.0% in 2011. We believe that planned fiscal austerity measures by the Kukuriku... 2012-03-21

Albania's relatively low level of trade and financial integration with Western Europe will not protect its economy from the marked deterioration that has occurred in eurozone macroeconomic... 2012-03-21

According to the most recent data released by the Statistical Office of the Republic of Slovenia, the unadjusted unemployment rate hit 12.1% in December, up slightly on the 11.9% reading... 2012-02-28

We have revised upwards our forecast for the average unemployment rate in Croatia this year to 19.1% from 18.6% previously. This comes on the back of data that showed the joblessness... 2012-02-28

Industrial production fell 4.8% y-o-y in December, the fourth consecutive month of negative growth. In full-year 2011 terms, industrial output rose by 3.3%. In H111, double-digit growth... 2012-02-28