Armenia's economy will grow by 2.5% this year and 3.0% in 2018, EBRD said, as it trimmed the projections from its last round of forecasts in November. The main driver of the economic growth during this period was the private consumption, amid more disposable income (supported by Value-Added Tax and wage increases), improved labour market and low inflation.
After strong momentum in 2016, when economic growth rose to 2.8 percent, Serbia will have growth of 2.9 percent in 2017 and 3 percent in 2018, and the driver of growth will be domestic demand, the bank said. Greece is expected to return to growth as reforms advance further and business confidence gradually improves. Economic growth is expected to pick up across the EBRD regions this year and next, supported by higher oil prices and Russia's recovery from recession, according to the EBRD's latest report.
Next year, Romania's GDP growth will slow down to 3.5 pct, predicts the worldwide financial institution.
Russian economic officials are even more optimistic, confirming that the country is on track to meeting its target of 4% annual inflation; the Federal State Statistics Service has reported that inflation was down to 4.1% (annualized) for the month of April, while the Ministry of Economic Development expects it to drop to 3.8% in May. "The economic outlook for the region remains materially affected by terrorism, geopolitical tensions and the refugee crisis".
Bank of England keeps rates at record low as economy slows
In the minutes of that meeting, some members said it would take "relatively little" upside news to consider a need for tightening. A Reuters poll last month showed only seven out of 38 economists expected a rate cut this year, down from 21 out of 36 earlier.
Russian Federation had been one of the main beneficiaries of that trend, the EBRD added.
"Weak consumer and investor sentiment following the attempted military coup in July 2016 compounded these problems".
Ultimately, the Ministry expects Russian GDP growth to reach 2% in 2017, surpassing both the EBRD and International Monetary Fund forecasts.
Growth in the southern and eastern Mediterranean region - which includes Egypt, Jordan, Morocco and Tunisia - is projected to pick up to 3.7 percent in 2017, from 3.4 percent a year ago. However, both Azerbaijan and Belarus are projected to remain in recession.
Children and young people harm for a number of reasons and are expressing distress, which they can not express verbally. She said: "I want to try and make mental health issues more accessible rather than being stern and hard things".
He said the claims that 50 Afghan troops were killed are absolutely wrong and the Afghan government strongly rejects the claims. He said that the Pakistani Forces retaliated and targeted those afghan posts from where fire was opened.
The company will initially secure rights for shows and plans to recoup costs later on when it introduces the said type of ads. While Facebook is interested in a range of content, one genre Facebook is targeting intensely is teen-centric shows.
Macron's 577 candidates are expected to be announced Thursday and Macron himself will be sworn in on Sunday. Despite her defeat, the results also made record for Le Pen's far-right National Front (FN) party.
It is believed the soldier was a US Navy SEAL while two other Americans were injured in the raid on an al-Shabaab compound. The attackers were "neutralized" and the wounded service members were taken to neighboring Djibouti, said an official.
Irving scored 16 points and Kyle Korver had 14 for the Cavaliers, who have posted three straight double-digit wins over Toronto. Delon Wright's basket less than a minute into the quarter was Toronto's only field goal for nearly six minutes.
Instead, " Malibu ", released on Thursday afternoon, is a sweet, tear-jerking tribute to her actor fiancé, Liam Hemsworth. Miley Cyrus is taking her fans on a breezy jaunt to " Malibu " on her first solo pop single in almost four years.
The idea is to maintain a consistent design experience in the same way Google has been able to achieve with its Material Design. Microsoft announced at its Build 2017 event that the next major Windows 10 update will be called the Fall Creators Update.
Asked about China's sincerity towards completing the code, Duterte said "tensions at sea were the fault of the United States". The Asean Summit is a semi-annual meeting of the leaders of Asean's ten member states to discuss issues of mutual interest.
Waraich said that his opposition to the appointment Mann was not about him individually but about the manner in which it was done. Comedian-turned-politician Waraich told the media here that he has resigned from the primary membership of the AAP .
Coach David Kidwell said he was disappointed to hear of the accusations when he appeared on Channel Nine's Sunday Footy Show . Titans chief executive Graham Annesley was stunned by the revelations when contacted today by The Courier-Mail.
He twisted early this Tuesday on his twitter that "We did it guys!" DM to get the ✈ rolling, ' they wrote on Wednesday. Keeping the nuggets aside, the boy recorded his name in Guinness Book of World Records by gaining 34,30,500 retweets.
Labour election coordinator Andrew Gwynne said the leaked document was not the final manifesto but "a draft of policy ideas". Jeremy Corbyn's day took another dramatic turn when the auto he was travelling in ran over a BBC cameraman's foot.
We all know it will be hard ". "If you take so much time (in signing) you have doubts (about staying)". Swiss worldwide Valon Behrami is expected to be drafted into the team alongside Abdoulaye Doucoure.
Only one recording is stored at one time and you can re-record them as many times as you need until you're satisfied. Waze isn't just satisfied with letting celebrities like Morgan Freeman or recently, Mr.
The Belt and Road initiative should not just be a "China solution" for the world, a Chinese think tank said on Wednesday. China will host the Belt and Road Forum for International Cooperation in Beijing on May 14-15.
The diplomatic source familiar with the communique discussions said those talks had been tough, as everyone wanted a say. The Belt and Road initiative should not just be a "China solution" for the world, a Chinese think tank said on Wednesday.
In a statement, the city said it does not plan to announce removal plans or a timeline for the two remaining monuments - P.G.T. Two years ago, Mayor Mitch Landrieu signed an ordinance that prompted the removal and relocation of four confederate statues.
And now he's not technically ruling out the possibility of hosting American Idol when it returns to television in 2018. The morning talk show tapes in New York City each morning, while Idol is shot on the opposite coast in Los Angeles.
Damian Lillard paced Portland with 34 points and six assists, but none of the other four starters scored in double figures. The first-round series between the Jazz and the Clippers moves back to Los Angeles for Game 5 on Tuesday night.
Rita Ora posted a picture of Dakota Johnson to her Snapcchat story from the Met Gala, Monday, May 1, 2017 . Kate was joined by her husband Michael Polish as well as designer Tory Burch and actress Zoey Deutch.
It's May 4th! Which means extra strong currents of Jedi good vibes are flowing through the universe, because it is Star Wars Day . For Star Wars fans it's one of the best days of the year (other than the day The Last Jedi gets its release).