Non-Euro Europe Commercial Property Chart Pack Emerging Europe: Retail rental falls still on the cards In line with the economic recovery, there were growing signs that property markets have turned a corner in Q2. All-property rents rose on the quarter, while the all-property yield dipped on the back... 24th August 2021 · 6 mins read
Emerging Europe Economics Weekly Romania’s fiscal risks, Israel’s 4th wave, CBRT pressure Romania's new finance minister has a tough job ahead to keep the public finances on a sustainable path, especially as the PM is seeking to raise spending. Elsewhere, Israel's fourth virus wave has... 20th August 2021 · 7 mins read
Emerging Europe Data Response Central & Eastern Europe GDP (Q2 2021) The Q2 GDP data for Central and Eastern Europe revealed that the regional recovery gathered pace last quarter as economies reopened following virus waves in Q1. We expect the recovery to remain strong... 17th August 2021 · 3 mins read
Emerging Europe Economics Is it time to worry about Romania’s current account? The widening of Romania’s current account deficit to a 10-year high partly reflects a rise in foreign firms’ reinvested earnings which is not a concern. But the trade balance has also worsened and the... 3rd August 2021 · 3 mins read
Emerging Europe Economic Outlook Strong recovery, but inflation a lasting concern Rapid recoveries are underway across the region and GDP should return close to its pre-pandemic path sooner than in most other EM regions. While the spread of highly transmissible virus strains poses... 21st July 2021 · 28 mins read
Emerging Europe Chart Pack Recovery takes hold and inflation pressures build Economic activity across Emerging Europe is rebounding strongly now that virus waves have passed and restrictions have been lifted. The recovery in Q2 looks to have been strongest in Russia, Israel... 24th June 2021 · 15 mins read
Emerging Europe Economics Update Romania: leading the CEE recovery in 2021 The strength of Romania’s economy in Q1 and the positive outlook for growth over the coming quarters means that we now expect GDP to expand by 6.8% this year (compared to 4.8% previously). 8th June 2021 · 2 mins read
Emerging Europe Economics Update Romania’s election to pave way for fiscal conservatism Parliamentary elections in Romania that took place on Sunday look set to result in the incumbent centre-right PNL party forming a new coalition government. A new PNL-led coalition would probably... 10th December 2020 · 3 mins read
Europe Commercial Property Update Strength of Romanian industrial take-up to wane Although demand for Romanian industrial space held up in H1, we expect it to weaken over the rest of the year as consumer demand falters and the economy recovers only slowly. Combined with incentives... 5th August 2020 · 3 mins read
Emerging Europe Economics Update Romania: current account risks mount Strong domestic demand means that Romania’s current account deficit, which is already among the largest of any major EM, is likely to widen further. This makes the leu increasingly vulnerable to a... 15th July 2019 · 3 mins read
Emerging Europe Economics Weekly Turkey’s S-400 deal, Russia’s sanction risk Turkish assets look set to come under more pressure in the coming weeks as the government pushes ahead with its plans to purchase a Russian missile defence system. Meanwhile, comments from Russia’s... 14th June 2019 · 1 min read
Emerging Europe Economics Update More monetary tightening lies in store in Romania The National Bank of Romania’s decision to maintain strict control over money market liquidity marks a step in the right direction to addressing the large build-up of economic imbalances. But we think... 1st May 2019 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Office sector outperforms; retail in the doldrums Occupier markets are seeing diverging fortunes, with occupier demand for office and industrial space extremely strong, but retailers battling a number of headwinds. This is likely to set the tone for... 15th February 2019 · 1 min read
Emerging Europe Economics Update Romanian leu has much further to fall The Romanian government’s surprise introduction of a bank tax has put the leu under pressure recently and the country’s wide current account deficit suggests that further currency falls lie in store... 23rd January 2019 · 1 min read
Emerging Europe Economics Update Fiscal support will boost Polish & Czech economies Strong budget positions in Poland and the Czech Republic will allow governments to ramp up spending next year. That’s one key reason why we expect that GDP growth in 2019 in these countries will be... 27th November 2018 · 1 min read
Emerging Markets Economics Update Are EMs’ current accounts still a point of concern? The large current account deficits in Turkey and Argentina that precipitated currency crises this year are now narrowing and external positions are in decent shape in most major EMs. But there are a... 7th November 2018 · 1 min read
