Croatia saw an 11.2% y/y increase in tourist arrivals in June, as the sector rebounded after bad weather resulted in a disappointing May performance.
The largest infrastructure project in Croatia’s recent history will help modernise the rail link from Rijeka port to Central Europe.
Cities in Southeast Europe are forecast to see some of the sharpest increases in average temperatures of any major urban areas worldwide over the next 31 years.
The core message for bankers and investors active in the CEE region should be: close to old records, potential for more but watch out for late cycle phenomena.
States across Central and Southeast Europe are experiencing a long-term population decline due to a combination of low birth rates and mass emigration.