Country report Moldova Republic

Economic overview On 1 November 2022, a new agreement between the EU and Moldova (or Moldova) entered into force, aimed at improving trade facilitation for businesses. This is an important step with the aim of strengthening the export capacity of Moldovan products to the EU market, of vital interest for companies. The adoption of this Read more about Country report Moldova Republic[…]

Country report Malaysia

Economic overview The Malaysian Minister of Finance, Datuk Seri Tengku Zafrul Tengku Abdul Aziz, presented the budget for 2022 in Parliament in November 2021, the first of the government led by Ismail Sabri, which rests on three main pillars: Strengthening Recovery, Building Resilience and Driving reforms. The total allocation of €69.2 billion, the highest ever Read more about Country report Malaysia[…]

Country report Macedonia

Economic overview After the recession caused by Covid-19 and the sharp drop in GDP of 6% in 2020, the Macedonian economy recorded a 4% growth in 2021, thanks to the recovery of domestic consumption, greater mobility, the return of the diaspora and the government support measures. Private investment still remains weak.  Despite the recovery in Read more about Country report Macedonia[…]

Country report Luxembourg

Economic overview The per capita GDP of Luxembourg, the smallest of the European Union states in terms of territory and population, is among the highest in the European Union (about 80,000 euros). The most important sector for the country is currently the financial one, which contributes 30% of the gross domestic product. Luxembourg vies with Read more about Country report Luxembourg[…]

Country report Liechtenstein

Economic overview Liechtenstein is a member of numerous international organizations and bodies. Among others, it is a member of the Council of Europe, the United Nations (UN), the European Free Trade Association (EFTA) and the Organization for Security and Co-operation in Europe (OSCE). Since 1923, there has been a Customs Union Treaty with Switzerland through Read more about Country report Liechtenstein[…]

Country report Jamaica

Economic overview In 2021, the country came out of the recession due to the COVID-19 pandemic. Before the crisis, the usually low growth rate was on the rise, while unemployment and underemployment were decreasing, fueling widespread crime linked especially to drug trafficking. Economic reforms have made it possible to keep inflation and deficits under control; Read more about Country report Jamaica[…]