Central bank holds rates as core inflation cools for a third month
Policymakers kept borrowing costs unchanged but signalled that cuts could follow next year if wage growth and energy prices continue to ease.
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Inflation, wages, banks, markets, trade and energy prices — the economic stories that decide what people pay and earn in Eastern Europe. We explain the numbers behind the headlines and what changes for businesses and households.
Policymakers kept borrowing costs unchanged but signalled that cuts could follow next year if wage growth and energy prices continue to ease.
Operators say facilities are close to full, reducing the risk of shortages even if the winter turns out colder than average.
Economists say the deficit target leaves little room for new spending as the government prepares the final steps toward joining the eurozone.
The line increases cross-border capacity and should help smooth price spikes by letting cheaper electricity flow where it is needed.
Plants across the region are retooling assembly lines for electric models, a costly bet that local suppliers hope will secure jobs for a decade.
Developers submitted safety documentation to national regulators, a step that could take several years before construction begins.
Real incomes are rising again after a long squeeze, giving households more room to spend but also keeping pressure on service-sector prices.
Households and small businesses added more panels than in any previous year, encouraged by subsidies and high electricity bills.
Demand for local-currency debt has picked up as yields stay attractive, easing financing costs for governments with large budget gaps.
High demand for cooling and low river levels pushed wholesale prices up for several days before easing again.
Producers of wine, fruit and textiles say longer routes and higher freight rates are eating into margins just as new EU markets open up.
Additional transmission and gas links with its neighbour give the country more options and reduce reliance on a single supplier.