On Dec. 31, 2020, the transition period for the United Kingdom (U.K.) to withdraw from the European Union (EU), otherwise known as „Brexit,” officially came to an end. This marked the end of a years-long process that was overseen by two different Prime Ministe... Więcej »
The Federation of European Credit Management Associations (FECMA) was founded in 1986 promotes the development of the profession of the credit manager around Europe. Among the strong network of institutes and associations, we encourage and promote research, st... Więcej »
The UK Government had been promising the electorate a referendum on EU membership for quite some time and though not normally legally binding, an Act of Parliament in 2015 ensured that the Government would fulfil the wishes of voters in the referendum, whateve... Więcej »
The United Kingdom of Great Britain and Northern Ireland (and including Gibraltar) held a referendum on the 23 June, 2016 which was basically a question of stay in the European Union or leave. Referendums in the UK are rare with elected representatives in Parl... Więcej »
The economic recession caused by the pandemic crisis and related quarantine measures in Russia continues. Today however, the forecast of GDP dynamics by the end of 2020 is much more optimistic than just a few months ago. The peak of economic activity growth oc... Więcej »
Poland’s foreign trade surplus is strengthening. However, the value of the trade exchange surplus recorded in the second quarter of 2020 is probably a one-off phenomenon, as it was driven by a strong decline in oil prices and a further decline in imports due t... Więcej »
Central and Eastern Europe’s economies, Poland among them, will contract slightly less severely than previously expected this year after a strong third-quarter recovery from the previous quarter’s slump. But output will return to pre-pandemic levels in most ca... Więcej »
