Financial Services

Economic Crisis Increases Shadow Economy

As a consequence of the global economical crisis experts like Friedrich Schneider expect an increase of the shadow economy in many European countries.

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Unemployment rate in the EU at a climax

Some of the EU countries were hardly affected by the economical crisis, especially the high unemployment rates are one of Europe`s main concern.

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Purchasing power development in Hungary

Hungary`s economy weakened long before the worldwide financial and economical crisis. Nevertheless, the increase of purchasing power in the past years in this country was noteable.

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Austria is a paradise for banks

There are more than 800 banks and 10 000 inhabitants per bank Austria. This is the third highest density in the EU.

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Economic crisis in the East: The higher the rise...

The current economic crisis has spread wave-like by starting at the epicenter in the USA the wave first caught the large highly developed eocnomies in Western Europe.

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Fast-Food Boom in Austria

The cultivated lunch with business partners at the fancy Italian restaurant at the company’s expense is falling victim to the red pencil. Is everybody now eating at the wurst stand?

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Prosperity in Romania: rich and poor likewise

In all countries of the former Eastern bloc the regional disparities in welfare were relatively small during the communist regime.

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Retailparks in CEE: successful endeavour or stopgap?

Because the large cities are already swamped with shopping malls the retail parks in CEE are on the rise. However, the expansion has been slowed down noticeably by the economic crisis.

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Office real estate in CEE

A comparison of office vacancy rates in CEE cities shows great differences as well as trends in the opposite direction.

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Population Change in Europe

A tale of growing dwarfs and shrinking giants.

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