The public and private sectors need to come together to ensure that the countries of the region continue to diversify their economies. Last year, the Covid-19 crisis hit the economic sectors that Europe and Central Asia rely on most. Oil and gas...
Tag - Remittances
As the Covid-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 per cent globally by 2021 when...
The European Bank for Reconstruction and Development (EBRD) is forecasting a deeper economic contraction and softer recovery in 2021 for its region, saying the fallout...
Central Europe Polish pharmaceutical company Biomed Lublin claims to have successfully completed the production of a drug for Covid-19. With the firm saying on September...
The Covid-19 pandemic has hit almost every country in the world, including many Eastern European emerging markets, such as Romania, Moldova, Poland, Serbia, the Russian...
The regional economy of emerging Europe and Central Asia is forecast to contract by 4.7 per cent in 2020, with recessions in nearly all countries, according to new...
This was a week in which the managing director of the International Monetary Fund, Kristalina Georgieva, called for “a global response like no other to deal with a...
Economies across emerging Europe are bracing for a sharp fall in remittances from foreign workers, with remittances to Europe and Central Asia projected to decline by...