Economics

  • Digital Croatia? Depends on where you look!

    By Gunter Deuber and Oliver Marx, RBI Vienna | In some areas digital penetration on par with Central European peers … As outlined in a recent blog post, Croatia’s ability to withstand the competitive pressure inside the EU and euro area is an important prerequisite for sustainable success in these integration contexts. This applies to […]

  • When will Croatia introduce the euro?

    By Zrinka Zivkovic-Matijevic, Raiffeisen Bank Croatia, and Gunter Deuber, RBI | Another Slovakia ante portas? A possible euro area entry of Croatia, and this as quickly as possible, is a double-edged issue. After all, the euro zone is currently also divided into two parts, into countries of the so-called Northern part and the (mostly) southern […]

  • Romania: Fiscal policy headaches after growth binge

    By Andreas Schwabe, CFA, RBI, and Silvia Rosca, Raiffeisen Bank Romania | Romania’s economy has been the top growth-performer in CEE over the last five years. Since 2013, Gross Domestic Product (GDP) has increased by 25 percent, which is five percent more than the export-oriented power-houses of Central Europe, including Poland. Especially private consumption has […]

  • Romania: Latecomer in bank taxation at an alien time

    By Gunter Deuber, RBI | The “great” era of distinct banking sector taxation in Europe and above all in Central and Eastern Europe seemed to be over. In Hungary, Austria and Slovakia, special taxation for banks has tended to fall in recent years. In some other countries, special bank taxation was discussed – e.g. in […]

  • Economic and cultural facts about Romania at a glance

    In February, the Discover CEE spotlight is on Romania! Watch out for several blog posts on Romanian business, culture and success stories. Today, we have the most interesting economic data and cultural facts about Romania at a glance for you. The fact sheet is also downloadable in print version. Click here to print the fact […]

  •  Czech Republic: The regional master of buffers or the better Germany?

    By Gunter Deuber, RBI and Helena Horska, Raiffeisenbank a.s. Czech Republic | Key leading indicators point to a slower and more uneven economic growth in 2019/2020. Therefore, we see a growing interest in the question of which countries and/or economic areas have sufficient buffers if a new and more severe downturn could set in. Traditionally, […]