Category: Economic snapshots

Greece’s October CPI increased 3.4% YoY, the country’s statistical office said. Compared to a month earlier, October inflation increased by 0.6%. The 3.4% increase of the overall CPI in October is mainly due to the increase of 9.9% of food and non-alcoholic beverages and 5.6% increase of health services among others, the statistical office said. […]

North Macedonia’s 2022 GDP rose by a nominal 10.1% and increased by a real 2.2% to 803,141 million MKD (13.02 billion euro), preliminary data from the country’s statistical office showed. The following sectors had the biggest share of value added in the structure of GDP in 2022: wholesale and retail trade, repair of motor vehicles […]

Croatia has attracted over 13 billion euro in foreign direct investments in the last four and a half years, local newspaper Poslovni Dnevnik quoted the country’s economy minister. The minister said that the investment climate and competitiveness are recognised by the global rating agencies and the IMF, the newspaper said on its web portal. (Image: […]

Albanian tourisms is expecting 35% growth of guaranteed reservation contracts, Albanian Daily News quoted sources from the country’s Tourist Union. Albanian PM Edi Rama said earlier this month that the country is expecting 10 million foreign visitors by the end of the year and 20 million tourists in 2024, Euronews Albania reported. (Image: Pixabay)

Croatia’s tourist arrivals in September 2023 rose by annually 15.3% to 2.4 million, the country’s statistical office said. The number of overnights in September increased by annual 4.0% to 11.6 million, the stat office said. (Image: Pixabay)  

Moody’s has changed the Outlook on Croatia to positive from stable, while at the same time it affirmed its long-term issuer and senior unsecured ratings at Baa2. Moody’s decision to change the outlook to positive is driven by an increasing likelihood that Croatia’s debt burden will fall significantly than previous expected leading to further improvements […]

North Macedonia said the number of employees in its Technological Industrial Development Zones increased 10% to 17,769 by the end of October. Only this year new 350 million euro deals were signed, the government said on its website. (image: Pixabay)    

The Croatian statistical office said the number of tourist arrivals increased 15.3% year-over-year to 2.4 million in September, while the number of overnights compared to the same period a year earlier rose 4.0% to 11.6 million.

Greece’s unemployment rate fell to 10% in September 2023 from 12.1% in the same period a year earlier, the country’s statistical office said. According to the local newspaper Kathimerini, this is the lowers unemployment rate since September 2009 when it reached 10.1%. Greece has a population of 10.5 million according to the last Population and […]