How much did global tariffs affect developing countries? - EBRD report: Economies were minimally affected
US tariffs have changed the direction of trade, allowing for stronger-than-expected economic growth in some emerging markets, the European Bank for Reconstruction and Development (EBRD) said.
Growth in the 40 countries covered by the institution was at a higher level than the forecast of 3.4%, but the bank warned that ongoing trade unrest could hamper growth in some of the economies.
Slowing inflation and heavy spending on infrastructure projects - particularly in Europe - were helping, but the report also showed that the impacts of President Donald Trump's trade tariffs were not as strong as expected.
The bank now expects growth of 3.6% this year and 3.7% in 2027 - both a 0.2 percentage point upward revision compared to its autumn forecasts.
Exports from some EBRD countries to the United States even increased, especially those related to the artificial intelligence boom, as these countries replaced China's exports.
Hungary, the Czech Republic and Poland all export artificial intelligence-related products, such as servers, processors and computer systems, meaning they could benefit from this shift.
But the EBRD warned that the full impact of the tariffs remained unclear; most of the trade reflected in the report arrived in the US before the tariffs were imposed and there was added uncertainty following the US Supreme Court ruling.
According to the EBRD, the state of emergency due to the war in Ukraine and subsequent increases in defense spending could drain money from other government priorities, while the ultimate impact will depend on whether that money is spent on one-off equipment purchases or on infrastructure such as roads and hospitals that could also help the economy.
Barcelona increases daily tax for tourists - Up to 15 euros starting in April, one of the highest in Europe
Tourists in Barcelona could be taxed up to 15 euros a night after the city raised its tourism tax to one of the highest in Europe as part of efforts to curb......
Producing sneakers with robots! - Successful trial of sports brand in South Korea
Sportswear brand On Running has opened a factory in Busan, South Korea, using robots to produce sneakers and plans to open more robot factories in the United......
General decline in the foreign exchange market – Dollar, Franc and Pound weaken!
The US dollar has marked a slight decline this morning, as well as the day before, being bought today at 81.1 lek and being sold at 82.1 lek according to the......
AAPSK, 160 million lek for law enforcement institutions in 2025 - Other funds for SPAK, police and courts in 2026!
The Sequestered and Confiscated Assets Administration Agency (AAPSK) continued during 2025 to play an active role in financially supporting law enforcement......
Shtrenjtohen përsëri ushqimet, INSTAT: IHÇK gjatë muajit janar 2026 u rrit me 2,3%
Shtrenjtimi i çmimit të ushqimeve ka vijuar edhe përgjatë muajit janar 2026. Këtë e konfirmon matja zyrtare e INSTAT, sipas të cilës Indeksi i Harmonizuar i......
Customs-AKU cooperation strengthened to guarantee food safety
The Director General of Customs, Besmir Beja, held a meeting today with the Director General of the National Food Authority, Blerina Gjylameti, in the......
Inflacioni në fillimin e vitit tejkalon Europën/ Norma në muajin janar regjistrohet në 2.3%
Sipas të dhënave mujore të publikuara nga Instituti i Statistikave, inflacioni i matur me metodën europiane (IHÇK) në janar 2026 rezulton në nivelin 2.3%,......
17th Meeting of the EU-Albania Subcommittee on Innovation, Information Society and Social Policies
Today, at the Palace of Congresses in Tirana, the 17th Meeting of the EU-Albania Subcommittee on Innovation, Information Society, Education, Culture, Social......
