Business news from Ukraine

Business news from Ukraine

Alibaba is considering the possibility of creating a logistics hub in Serbia

The mayor of Niš, Dragoslav Pavlović, has announced the prospects of Chinese e-commerce giant Alibaba coming to southern Serbia. This became possible after the signing of a memorandum of cooperation with the Chinese city of Hangzhou, the birthplace of Alibaba. The document confirms the partnership within the framework of the Digital Silk Road initiative and provides for the intensification of Chinese investment in the region.

According to Pavlovic, the possibility of building an Alibaba logistics center in Nis is being discussed, as well as the implementation of projects in the fields of science and education. However, at this point, there has been no official confirmation from Alibaba or Chinese authorities regarding these plans.

Earlier it was reported that AliExpress, a subsidiary of Alibaba, is considering the possibility of setting up warehouses in Serbia to speed up the delivery of goods to countries in Southeast Europe. According to Serbia Business, such plans were discussed after the Chinese president’s visit to Serbia in 2024.

In addition, as part of the expansion of transport infrastructure in Niš, the Chinese company Shandong Hi-Speed Group has signed a contract to modernize the Constantine the Great Airport. The project, worth more than $153 million, includes the reconstruction of the runway, the expansion of the apron, and the construction of new taxiways.

Thus, Niš is becoming an important center for Chinese-Serbian cooperation, bringing together initiatives in logistics, infrastructure, and digital trade.

Source: https://t.me/relocationrs/949

 

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Italy’s economy in 2025: January–April results and forecast for end of year

Italy’s economy in 2025 is showing moderate growth amid structural problems and external economic challenges. Despite positive trends at the beginning of the year, the outlook for the rest of the year remains uncertain.

Key macroeconomic indicators for 2025

GDP growth: According to the European Commission’s forecast, GDP is expected to increase by 1.0% in 2025.

Inflation: Inflation is expected to rise moderately to 2.3%.

Unemployment rate: Unemployment is expected to fall to 7.7%.

Budget deficit: The deficit is projected to narrow to 3.3% of GDP.

Public debt: Public debt is expected to rise to 137.8% of GDP by 2026.

Economic dynamics in January-April 2025

Industrial production: In March 2025, industrial production increased by 0.1% compared to February, which is below the expected growth of 0.5%. In annual terms, production fell by 1.8%, continuing the downward trend for 26 months.

GDP growth in Q1: Italy’s economy grew by 0.3% in the first quarter of 2025, slightly exceeding analysts’ expectations. Factors supporting the economy

Domestic demand: Private consumption is expected to strengthen, becoming the main driver of economic growth in 2025.

Fiscal policy: The Italian government has approved a budget for 2025 that includes tax breaks for families and deficit reduction, which should stimulate economic activity.

Risks and challenges

External factors: Potential trade tensions, particularly with the US, could negatively affect exports and overall economic growth.

Structural problems: High public debt and the need for structural reforms remain key challenges for the Italian economy.

Forecast for the end of 2025

GDP growth: Growth of around 1.0% is expected, with domestic demand remaining the main driver.

Inflation: Inflation is expected to remain at 2.3%, in line with the European Central Bank’s target.

Unemployment: The unemployment rate is projected to decline to 7.7%, reflecting a gradual improvement in the labor market.

Thus, despite the existing challenges, Italy’s economy is showing signs of stabilization in 2025, supported by domestic demand and government support measures. However, further structural reforms and the effective use of available resources are necessary to ensure sustainable growth.

Source: http://relocation.com.ua/italy-economy-in-2025-results-for-january-april-and-forecast-for-the-end-of-the-year/

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Montenegro initiates review of all honorary citizenships granted

Montenegro’s Prime Minister Milo Đukanović has initiated a review of the practice of granting honorary citizenships, stressing that they should be awarded exclusively for specific services to the country, such as job creation, economic development, and the promotion of Montenegrin interests. He warned that if it turns out that passports were handed out as “personal favors” or without clear criteria, it would discredit state institutions and encourage corruption.

Spajic took this step amid the procedure to strip Kosovar businessman Naser Ramaj of his citizenship. This case has become a prime example of the review of the practice of granting honorary citizenship, especially against the backdrop of Montenegro’s active movement towards European Union membership.

Ramaj, who received a Montenegrin passport in October 2023 as an investor in the €80 million Porto Budva project, is now involved in a criminal case involving the embezzlement of €2.2 million. He is accused of systematic tax evasion in the implementation of this residential complex. It is noteworthy that citizenship was granted under the previous government of Dritan Abazovic, which calls into question the transparency of such decisions in the past.

Spajic emphasizes that such cases damage the country’s international image at a critical moment when Montenegro is seeking to complete EU accession negotiations by the end of 2025. European partners have long expressed concern about the corruption risks associated with economic citizenship programs. The government’s current actions are aimed at demonstrating its determination to bring all procedures into line with European standards.

This precedent could be a turning point in Montenegro’s citizenship policy. The authorities are not only reviewing the specific decision, but also conducting a systematic review of previously granted honorary citizenships in an effort to restore the trust of both their own citizens and the international community. The success of this initiative will be crucial for the country’s further European integration, scheduled for 2028.

Source: https://t.me/relocationrs/930

 

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Germany’s economy in 2025: stagnation, challenges, and hopes for recovery

In 2025, Germany’s economy continues to face serious challenges. After two consecutive years of GDP decline (0.3% in 2023 and 0.2% in 2024), the current year is characterized by stagnation, with GDP growth forecast at 0.0%. This makes Germany the only G7 country that has not shown economic growth in the last three years.

Key economic indicators

  • GDP: In the first quarter of 2025, the German economy grew by 0.2%, avoiding a technical recession.
  • Inflation: In April 2025, the inflation rate was 2.1%, indicating price stabilization.
  • Unemployment: In April, the unemployment rate reached 6.3%, the highest level since December 2015, excluding the pandemic period.
  • Consumer sentiment: The GfK consumer sentiment index improved to -20.6 points in May, indicating cautious optimism among the population.

Key challenges

  • Trade tensions: New tariffs imposed by the administration of US President Donald Trump are putting pressure on Germany’s export-oriented industry, particularly in the automotive and metal sectors.
  • Structural problems: Demographic change, a shortage of skilled workers, and high energy costs continue to hold back economic growth.
  • Political instability: Delays in forming a new government after the February 2025 elections are creating uncertainty about economic policy.

Measures to stimulate the economy

The new government led by Chancellor Friedrich Merz, who is due to take office on May 6, is expected to present a package of measures to stimulate the economy. These include

  • The creation of a €500 billion investment fund for infrastructure and defense.
  • Reform of the tax system to reduce the tax burden on businesses.
  • Simplification of bureaucratic procedures to stimulate entrepreneurial activity.

Forecasts

Economists predict a moderate recovery of the German economy in 2026 with GDP growth of around 1.0%. However, the successful implementation of these forecasts will depend on the new government’s ability to effectively address internal and external challenges.

Source: http://relocation.com.ua/ekonomika-nimechchyny-u-2025-rotsi-stahnatsiia-vyklyky-ta-nadii-na-vidnovlennia/

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Albania suspends visa-free regime with Belarus

On April 24, 2025, the Government of Albania officially suspended the agreement on mutual visa waiver with the Republic of Belarus signed in February 2020. This decision cancels the partial suspension introduced in May 2024, which applied only to diplomatic passports. Now Belarusian citizens are required to obtain a visa to enter Albania.

Earlier, in May 2024, Albania partially suspended the agreement, limiting visa-free entry for holders of diplomatic and service passports. The current measure completely abolishes the visa-free regime for all categories of Belarusian citizens.

The decision takes effect immediately and is published in the official gazette of Albania.

Source: https://t.me/relocationrs/881

 

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Greek residential real estate market 2025: analysis and forecast for 2026 by Relocation

The Greek residential real estate market 2025 continues to show steady growth despite global economic challenges. Demand for housing remains high among both local residents and foreign investors, which contributes to higher prices and the development of new projects.

Current market situation

  • Price growth: According to The Luxury Playbook, the average cost of residential real estate in Greece in 2024 was $292,700, and it is expected to reach $364,500 by 2029. This indicates a steady increase in housing prices.
  • Foreign investment: The Golden Visa program continues to attract foreign investors. In 2024, more than 11,870 visas were issued, bringing in more than €2.9 billion in foreign direct investment in the real estate sector.
  • Tourism and leasing: Growth in tourism is driving demand for short-term rentals, especially in popular tourist destinations such as Athens, Thessaloniki, and the islands. However, the government is introducing restrictions on new short-term rental licenses in central Athens to balance the interests of locals and tourists.

Forecast for 2026

  • Stabilization of price growth: House price growth is expected to slow but remain positive. Annual growth is projected at 3.2% to 3.7% until 2029.
  • Infrastructure development: Large projects, such as Ellinikon on the Athens Riviera, continue to attract investment and contribute to infrastructure development, making the region more attractive to buyers.
  • Impact of interest rates: Rising interest rates may affect the availability of mortgage financing, especially for local buyers. This could lead to a decrease in demand for housing in some market segments.

Recommendations for investors

  • Consider investing in developing areas: Areas with developing infrastructure and high potential for price growth may offer attractive investment opportunities.
  • Consider changes in legislation: Keep up to date with new regulations and restrictions, especially those related to short-term rentals, to avoid unexpected obstacles.
  • Assess risks: Consider the opportunities for real estate investment. However, it is important to carefully analyze the market and consider all possible risks when making investment decisions.

Source: http://relocation.com.ua/rynok-zhytlovoi-nerukhomosti-hretsii-2025-roku-analiz-i-prohnoz-na-2026-rik-vid-relocation/

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