중동부유럽

Growth has been robust in the past year. The economy grew by a healthy 3.8 per cent in 2017, helped by continuing strong domestic demand.

Reforms in the energy sector have continued. The authority of the energy regulator has been strengthened in line with the relevant EU legislation, while an independent energy exchange for intraday trading has been launched.

Non-performing loans (NPLs) continue to decline steadily. As a result of successful portfolio sales, the gross NPL ratio declined below 10 per cent in 2018. While the gross NPL ratio remains above the EU average, the banking sector has accumulated a capital surplus which fully covers net NPLs.