Southeastern Europe & Mediterranean Emerging Market Economies: Bi-Weekly Report 7 - 20 January 2025

Countries in Focus in this Issue: Romania, Bulgaria & Albania

ROMANIA
A new pro-EU coalition Government takes office but uncertainty remains
Political stability is key condition for much-needed fiscal consolidation to resume

BULGARIA
Bulgaria has finally a new Government after the October election; its longevity, however, remains in question
Prolonged political uncertainty has so far weighed significantly on economic growth, mainly through persistent under-investment
GDP growth is estimated to have firmed to 2.3% in FY:24, on the back of resilient private consumption, and is set to accelerate further to 3.1% in FY:25 driven by increasing fixed investment

ALBANIA
Albanian economy exhibited above-trend growth for another year in 2024, on the back of buoyant tourism and construction activity, outperforming its neighbouring peers
Economic growth is set to moderate somewhat to a still solid 3.6% in FY:25, yet turn more balanced



APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT:  
        MACROECONOMIC INDICATORS
        FINANCIAL MARKETS

 

Southeastern Europe & Mediterranean Emerging Market Economies: Bi-Weekly Report 7 - 20 January 2025
Close
Close
back-to-top