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Banking and insurance
The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The EU-27 is home to around 10 million farms and some 17 million people working regularly in the agriculture sector. The industry accounts for a small percentage of the Member States' national GDPs, but is subject to the 27-nation bloc's only, oldest ...
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The countries in Central and Eastern Europe (CEE)* continues to prioritise infrastructure development as a cornerstone for economic growth and regional integration. Infrastructure quality and availability in the region are steadily improving, ...
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The Central Europe region, as covered by the scope of this report, consists of Poland, Romania, the Czech Republic, Hungary, Slovakia and Croatia. All of these countries are strategically important to transportation in the region, to a varying extent ...
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Over 2022-2024, EU members' joint efforts have been focused on saving energy, diversifying sources of energy, reducing the share of Russia in the region's energy imports and increasing production of renewable energy, all objectives envisaged by the ...
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The automotive sector in Central and Eastern Europe (CEE) remained resilient through 2023 and early 2024, overcoming new global and regional challenges. By mid-2024, it had not only regained pre-pandemic production and sales levels but also entered a ...
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The renewable energy (RE) sector in Emerging Europe* has surged in recent years, bolstered by government policies aimed at diversifying energy sources and reducing the reliance on Russian energy. The European energy crisis, triggered by Russia's ...
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Poland's healthcare and pharmaceutical industry is making significant strides, despite facing substantial challenges. The ongoing war in Ukraine, which followed the COVID-19 pandemic, has placed considerable pressure on the Polish healthcare system. ...
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The renewable energy (RE) sector in Emerging Europe* has seen stellar growth over the past few years on the back of supportive government policies as countries across the region seek to diversify their energy mix and most recently reduce their ...
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Having weathered the initial impact of the COVID-19 pandemic, the automotive industry in Emerging Europe* encountered a fresh wave of obstacles in 2022. Global semiconductor shortages, rising raw material prices, and the energy crisis stemming from ...
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