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as of 17/04/2025 08:26:17
Raiffeisenbank (Bulgaria) EAD publishes its regular monthly economic analysis with comments on the macroeconomic data available in September.
“Compared to other core euro area countries, the economic sentiment developed weak in Austria. Consequently, economic growth will likely continue to be very subdued in the coming quarters", comments Peter Brezinschek, Chief Analyst of Raiffeisen Research at Raiffeisen Bank International AG (RBI).
Due to the subdued leading indicators and the ongoing conflict between Russia and Ukraine Raiffeisen Research significantly lowered its forecast for the total economic growth in the euro area since the last forecast in June from 1.2 to 0.8 per cent for 2014 and from 2.0 to 1.6 per cent for 2015
Raiffeisenbank has launched a promotional campaign on newly issued MasterCard Standard, MasterCard Gold, Visa Classic and Visa Gold credit cards. During the campaign customers can make purchases and payments, and withdraw cash in Bulgaria and abroad without paying any interest rate and without fee for withdrawal.