by Nicolae Covrig
Investments’ performance was quite strong in Romania in the first three quarters of 2020, as increases were recorded both in the public and the private sector as compared with 2019….
Tighter COVID-19 containment measures in place in Q4 2020 should have a lower negative impact on the performance of Romanian economy as compared with those of the other EU member…
Spain, Greece and Portugal are a key point of interest for European tourists and exports of travel services account for a large share of GDP in these countries (9.9% in…
Economies in Central and South-Eastern Europe should be less negatively impacted than Western economies by new social distancing restrictions that have been introduced in order to curb the increase in…
So much heterogeneity in the performance of European economies during COVID-19 crisis
China outperformed by far the US and Euro area economies since the beginning of COVID-19 pandemics. US and Germany showed also a good resilience during the lockdown. Economic activity in…
Increase of unemployment rates during current crisis underestimated the labour market damage. Unemployment rate definition lefts outside many negative labour market developments that have materialized to a large extent during…
Retail sales in major Euro area countries and CEE countries bounced back vigorously in May and June following the lockdown plunge in March and April.
Recovery of China GDP and US retail sales was unexpected strong during Q2 2020. Still, details behind the headline figures suggest that outlook remains challenging.
Upward trend in mobility of persons has stalled in US as the number of COVID-19 infections has increased. Still, mobility keeps rising in major Euro area countries where re-opening process…
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