We want the story of Romania to be the story of a dynamic, vibrant and innovative country, says Matteo Patrone, Director for Romania and Regional Head Romania and Bulgaria at the European Bank for Reconstruction and Development (EBRD). He spoke to Andrew Wrobel about the country’s greatest challenges. Continue reading The Goal for Romania — the Positives Outweigh the Negatives
Romania has transformed itself tremendously in the last 25 years, overcoming enormous challenges, says Elisabetta Capannelli, Country Manager for Romania and Hungary at the World Bank. She spoke to Andrew Wrobel about the country’s potential and challenges it is facing. Continue reading Romania’s European Values Changing Public Misinformed Opinions
There is no discussion about innovation in the European banking sector without acknowledging the achievements of Polish banks in the area, Wojciech Sobieraj, CEO at Alior Bank, tells Emerging Europe.
In 2016, almost 6.5 million international tourists visited Georgia, twice as many as the country’s population. Valeri Chekheria, CEO at Adjara Group Hospitality, talked to Emerging Europe about the country’s tourism potential.
Bulgaria is still the poorest EU member state, although its GDP is now around 50 per cent of the Bloc’s average, while it was only 25 per cent back in 2000. The country has a rather dynamic and often turbulent political life, but its democracy is more pluralistic and less polarised than Hungary and Poland. In a rather competitive environment, one party – the centre-right GERB — and its leader Boyko Borissov have dominated the political scene over the last ten years. They emerged as the biggest party faction in the National Assembly after the latest parliamentary elections in March. On May 4, the third Borissov government was sworn in. Continue reading Bulgaria Needs a Reform-Oriented Government to Take Full Advantage of its EU Membership
Weak and super-sensitive Bosnia and Herzegovina finds security in the European Union, Mirko Šarović, Deputy Chairman of the Council of Ministers and Minister of Foreign Trade and Economic Relations, tells Emerging Europe.
For Poznań, Poland’s fifth largest city, 2016 was a fantastic year. Not only were 1,700 new firms set up, taking advantage of the city’s convenient location between Warsaw and Berlin, but also Poznań attracted more tourists — the number of overnight stays skyrocketed by 18 per cent. In addition, the manufacturing and retail sector grow by nine and thirteen per cent respectively, labour productivity increased by six per cent and unemployment didn’t even reach two per cent — the lowest in Poland. Continue reading Poznan: Translating Entrepreneurship into Understanding Business Services
The de-dollarisation strategy will open new opportunities to invest in the local currency, Archil Mestvirishvili, Deputy Governor of the National Bank of Georgia, tells Emerging Europe.
(photo: courtesy of the National Bank of Georgia)
In Central Europe and the Baltics growth will pick up on the back of the investment recovery which is linked to a better absorption of EU funds, Artur Radziwiłł, Director for Country Strategy and Policy, European Bank for Reconstruction and Development (EBRD), tells Emerging Europe.
After four per cent growth in 2016, we expect a growth rate of over four-and-a-half per cent in 2017, Octavian Calmac, Deputy Prime Minister and Minister of Economy of Moldova, tells Emerging Europe.
Large cities have been on the radar of foreign companies that are looking to outsource in Poland, for several years now. With its academic potential, IT traditions and proximity to the large pool of talent in Ukraine and Belarus, Lublin is an interesting alternative. Continue reading Lublin: Building a Reputation as a Business Services Destination
In 2017, Armenia’s GDP is expected to grow by 3.2 per cent, says Vardan Aramyan, Armenia’s Minister of Finance. He spoke to Andrew Wrobel about the country’s growing macroeconomic stability and predictability, as well as the reforms that are improving the business climate. Continue reading After Economic Shocks Armenia Plans for Macroeconomic Stability