Albania's economy has shown considerable resilience in the face of the 2019 earthquake and the pandemic. After the hardship endured in 2020, real GDP is rebounding strongly by a projected 7.8 percent in 2021. Policies have played a critical role in preserving lives and livelihoods and thereby...

Greece entered the pandemic with an unfinished recovery, but the country has demonstrated resilience in facing COVID-19. The economy contracted by 8.2 percent in 2020, better than expected given Greece's high dependence on tourism and pre-existing vulnerabilities. The government provided among...

Recent developments, outlook, and risks. Kosovo's economy has continued to perform well, despite a challenging external environment. Real GDP growth moderated to 3¼ percent in 2023 amid subdued external demand. Inflation has decelerated sharply, reaching 2 percent y/y in the first quarter of...

Growth moderated in 2023 with slowing consumption growth, lower services exports to Russia, and fading post-pandemic base effects. But growth has remained above the euro area (EA) average, supported by a continued recovery in tourism, expanding financial services and ICT activity, and strong...

This Selected Issues paper focuses on boosting productivity in Slovenia. Slovenia's ageing population sets a constraint on the contribution of labor to gross domestic product in the end. Only achieve sustained increases in income and living standards can, therefore, through investment in...

Slovenia has weathered the pandemic and the energy price shocks well, but long-term challenges remain. Ageing of Slovenia's population is a challenge, and private investment has softened over the past decade. The 2023 floods caused significant damage