Economic Update - Serbia, Croatia: Domestic Factors Weigh on Balkans-Wide Recovery
Serbia and Croatia joined their Balkan neighbors in showing significant economic improvement last year. However, this was a classic case of "a rising tide lifts all boats," as the gains were largely driven by external factors such as lower oil prices, improved economic outlook in the EU and a supportive monetary policy from the ECB. This year, meanwhile, a number of domestic obstacles may weigh on growth. In this report, we take a look both at what has driven the recovery and what could cause both countries to stumble this year.
Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.
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