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[Romania News Watch] Romanian Current Account Deficit and the State of the Leu: Nearly all the news out of Romania is bad at the moment - in the sense of showing ever increasing signs of overheating. The steadily declining unemployment, which means a tightening labour market and hence even more pressure on inflation, can hardly be called good news at this point, welcome as it would be in another moment.

[Scoop NZ - Site Wide Most Read] Scoop: News From The EU - 10 December 07 To 6 January 08: The European Year should raise public awarenessof poverty and social exclusion in Europe and convey themessage that poverty and exclusion are disruptive to socialand economic development. It should help challenge the viewthat the fight against poverty is a cost for society andreaffirm the importance of collective responsibility,involving not only decision-makers but also public andprivate actors.

[New Atlanticist] Economic Lessons from Central Europe | Atlantic Council: The other two countries (Hungary and Romania), to a greater or lesser degree prioritised currency stability, and as a result had to sacrifice a lot of control over monetary policy, in the process exposing themselves to the risk of much more violent swings in market sentiment when it comes to capital flows. Having been pushed by the logic of their currency decision towards tolerating higher inflation, they have seen the competitiveness of their home industries gradually undermined, and as a consequence found themselves pushed into large current account deficits for just as long the market was prepared to support them, and into sharp domestic contractions once they were no longer disposed so to do.

[EUROPEAN PAPERS ON THE NEW WELFARE] EUROPEAN PAPERS ON THE NEW WELFARE » Implications of Demographic ...: As far as mortality is concerned, following standard practice in this field, the High assumption presupposes a wider reduction where the initial levels (2004) are higher and hence in general life expectancy at birth will grow more for males than for females, more in Eastern countries than in other EU countries. The two other assumptions also envisage a reduction in mortality that in both cases will obviously be lower when compared with the High assumption, and also in the Low case when compared with the Base assumption.

[Press pack: Migration - News feed] EUROPA - Press Releases - Employment in Europe 2008: In general, the potential trade-off between employment and productivitygrowth can be limited through exploiting synergies between quality at work,productivity and employment (for details see chapter on job quality inEmployment in Europe 2008). Moreover, incentives to innovate, adopt newtechnologies or shift labour (and capital) to sectors with strong productivitygrowth are crucial for simultaneous promotion of employment and productivity.Such incentives come through policies promoting competition and marketintegration (creating economies of scale).

[A Fistful Of Euros » A Fistful Of Euros] Eastern Europe: slowing growth? | afoe | A Fistful of Euros ...: At least one economy ”” Hungary ”” looks like it could suffer a serious crash in the next couple of years. And looming over all is the demographic crisis”¦ not an issue at the moment , but set to .

[Small Business Entrepreneur blog] World Bank: Romania Attractive For Long-Term Investments: Romania ranks second among EU10 member states by the hourly labor cost, chief economist of the World Bank (WB) Bucharest-based office Catalin Pauna told a conference devoted to the release in Bucharest of the July 2010 edition of the EU10 Regular Economic Report. The document shows that Romania’s reverting to economic growth also depends on its capacity to absorb European funding that can supplement state investments, thinned by fiscal adjustment needs.

[Forex Blog] Eastern European Currencies Recover, but Risks Remain | Forex Blog: According to another source, “Nonperforming loans are rising across the EBRD countries and have doubled in the past year in Turkey, Romania, Ukraine and Albania, according to the EBRD. Recent data from national central banks show .

[Research on EU 10 economies and their banks] And So It Ends - Hungary's Government Announces Foreign Curreny ...: Erste Group Bank AG, Austria's biggest publicly traded bank, lost 1.95 euros, or 8.8 percent, on Tuesday to hit 20.10, a five-year low, while Italy's Unicredit - another very exposede bank in CEE terms - fell to an 11-year low in Milan .

[Demkowych Post (Fulbright in Ukraine)] Ukraine News Update: Now these numbers are undoubtedly an underestimate of the true levels of unemployment (the ILO compatible rate is the much higher 6.2%, but given the very special health situation in Ukraine we need to ask ourselves just how many of those who are formally included in the ILO classification are actually fit for work in a modern economy) but they do give an indication of the trend, and it is clear that some parts of the Ukraine labour market have been suffering from acute labour shortages, and hence the wage-push inflation the country has been experiencing.

[A Fistful Of Euros » A Fistful Of Euros] From Original Sin To The Eternal Triangle - Lessons From Central ...: The other two countries (Hungary and Romania), to a greater or lesser degree prioritised currency stability, and as a result had to sacrifice a lot of control over monetary policy, in the process exposing themselves to the risk of much more violent swings in market sentiment when it comes to capital flows. Having been pushed by the logic of their currency decision towards tolerating higher inflation, they have seen the competitiveness of their home industries gradually undermined, and as a consequence found themselves pushed into large current account deficits for just as long the market was prepared to support them, and into sharp domestic contractions once they were no longer disposed so to do.

[Choice - 불가리아 사랑] 불가리아 주요 경제뉴스 ( 14 - 21 MAY 2010 ): Only 1201 vehicles were purchased in April 2010 in Bulgaria , or 50.8 per cent fewer than figures from April last year, which was the worst in Europe .In the first quarter, Bulgaria accounted for the third steepest decline after Romania .

[Alpha.Sources blog] Soft or Hard Landing in Lithuania?: The labour market - This is a very important aspect and essentially cuts into the point that Lithuania like virtually all other countries in Eastern Europe have moved through the demographic transition too fast and too brutish essentially suffering a severe overshot where fertility has declined (throughout the 1990s and into the 21th century) to alarmingly low levels. Coupled with a steady net outflow of migration this is basically hollowing out the human capital foundation of the economy at a speed which not even Edward and I had anticipated and thus the capacity to grow sustainably as well as to enjoy that much allured process of convergence/catch-up growth.

[The Heritage Foundation Papers] Visa Policy and Transportation Security: Ensuring the Right ...: Extending visa waivers to all EU member states would allow Brussels to decide to which countries America opens its doors and would set a powerful precedent for automatically extending the VWP to future EU accession countries like Turkey.[5] Participation has never been decided on an EU-wide basis. For example, Greece is not a visa waiver participant, but Slovenia has been since the program's inception in 1986.[6] In fact, U.S. diplomats working in many EU countries (e.g., France and Spain) already have to apply for visas.

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