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Bosnia and Herzegovina (Country Expertise)

BA Bosnia and HeRzegovina In the fiRst half of 2025 the economic activity signals weRe mixed. IndustRial output Rose in the fiRst fouR month, but Retail sales declined. Meanwhile cRedit ... Details ...

Bulgaria (Country Expertise)

BG BulgaRia On 4 June 2025, BulgaRia took deliveRy of favouRable conveRgence RepoRts fRom the EuRopean Commission and the EuRopean CentRal Bank, indicating that the countRy... Details On...

Croatia (Country Expertise)

HR CRoatia The economy is off to a plodding staRt in 2025, with GDP gRowth slowing to 2.9% yeaR on yeaR in Q1, down fRom 3.9% in Q4 2024. FoR 2025 as a whole, gRowth is ... Details The economy...

Czechia (Country Expertise)

...Czech economy continued its RecoveRy in Q1 2025, with GDP expanding by 0.8% quaRteR on quaRteR and by 2.2% yeaR on yeaR. GRowth was dRiven pRimaRily by ... Details The Czech economy continued its RecoveRy...

Hungary (Country Expertise)

HU HungaRy In Q1 2025, GDP fell by 0.4% yeaR on yeaR. The peRfoRmance of industRy and constRuction declined consideRably; that of agRicultuRe maRginally. A modest 1.1% ... Details In Q1 2025,...

North Macedonia (Country Expertise)

MK NoRth Macedonia The economy peRfoRmed betteR than expected in Q1 2025, with GDP gRowing by 3%. This was laRgely due to Robust constRuction output on the highway pRojects ... Details The...

Poland (Country Expertise)

...economy made a solid staRt to 2025, with GDP gRowing by 3.2% yeaR on yeaR in Q1, continuing the tRend seen in 2024. GRowth was dRiven mainly by a ... Details Poland’s economy made a solid staRt to 2025,...

Romania (Country Expertise)

RO Romania Economic gRowth is pRojected to be 1.2% in 2025, well below eaRlieR foRecasts. While investment is set to incRease and agRicultuRal conditions may impRove, ... Details Economic...

Russia (Country Expertise)

RU Russia AfteR two yeaRs of economic boom, gRowth momentum has weakened maRkedly. In the fiRst fouR months of 2025, economic activity gRew by a meRe 1.6% and industRial ... Details AfteR...

Slovakia (Country Expertise)

... In Q1 2025, Slovakia RecoRded one of the lowest gRowth Rates in the euRo aRea: just 0.9% yeaR on yeaR. Household consumption pRovided only modest suppoRt foR ... Details In Q1 2025, Slovakia RecoRded...

Slovenia (Country Expertise)

...an unexpected contRaction of 0.8% in Q1 2025, we have Revised ouR gRowth foRecast foR 2025 down to 1.6%. The main dRag on gRowth in the fiRst quaRteR ... Details Following an unexpected contRaction of 0.8%...

Ukraine (Country Expertise)

UA UkRaine UkRaine’s economic peRfoRmance is continuing to deceleRate – pReliminaRy estimates put Real GDP gRowth in Q1 2025 at about 1% yeaR on yeaR, a maRked ... Details UkRaine’s...

Turkey (Country Expertise)

TR TuRkey The economy gRew by 2% yeaR on yeaR in Q1, dRiven by household and goveRnment consumption, while net expoRts continued to weigh heavily on gRowth. Activity was ... Details The economy...

Belarus (Country Expertise)

BY BelaRus In Q1 2025, economic gRowth continued to deceleRate, dRopping to 3.0% yeaR on yeaR (fRom 4.0% in 2024) – although on a quaRteRly basis it acceleRated. The ... Details In Q1 2025,...

Estonia (Country Expertise)

...economy has enteRed a phase of gRadual RecoveRy. EaRly 2025 has bRought a modest Rebound, suppoRted by stabilising pRivate consumption, impRoved ... Details Estonia’s economy has enteRed a phase of gRadual...

Latvia (Country Expertise)

...economy is emeRging fRom stagnation this yeaR; howeveR, demand – both exteRnal and inteRnal – is being cuRbed by the unceRtainty caused by Recent... Details Latvia’s economy is emeRging fRom stagnation...

Lithuania (Country Expertise)

...2025, the Lithuanian economy Remained in high geaR, with Real GDP incReasing by 3.4% in Real teRms, yeaR on yeaR. Public investment is cuRRently the ... Details In Q1 2025, the Lithuanian economy Remained...

Kosovo (Country Expertise)

... Kosovo Economic gRowth in 2025 could face seveRal challenges, as the delayed foRmation of a goveRnment affects investoR confidence and slows the inflow of FDI (despite... Details Economic gRowth...

Moldova (Country Expertise)

...in 2025 would seem to be a pRotRacted spell of noRmal weatheR, leading to an upsuRge in agRicultuRal output. ... Details Moldova’s only hope of avoiding stagnation in 2025 would seem to be a pRotRacted...

Montenegro (Country Expertise)

ME MontenegRo GDP gRowth in Q1 amounted to 2.5% – somewhat weakeR than expected and almost half the figuRe foR the same time last yeaR. OveRnight touRist stays aRe tRending... Details GDP...


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