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Belarus government will have to make unpopular cuts

Location:

BELARUS

Revenue problems facing the Belarusian government.

Poland's economic outlook will be uncertain under PiS

Location:

POLAND

Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…

Greek coalition will play politics at debt talks

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GREECE

The government, with half an eye on a snap election, is determined not to accede to prolonged austerity without the trade-off of significant debt relief. Timing is all. The…

Romanian fiscal and external deficits will remain wide

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ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Russia's budget reflects caution on future spending

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RUSSIA

A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…

French reform drive could slow down

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FRANCE

France's reform agenda.

Soft landing has become more likely in Central Europe

Location:

EU

The NBP’s March Inflation Report lowers its forecast for average CPI significantly to 1.7%, from 3.2% in its November forecast; GDP is to grow by 4.0% (November: 3.6%). Outside…

Survival of Italy’s government rests on Draghi choice

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ITALY

Plans to invest in key areas such as innovation, digitisation and climate change are already under way, as are plans to reform the pension system.

Greece’s political and economic prospects are fragile

Location:

GREECE

Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…

New Greek government right or left will undo austerity

Location:

GREECE

The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…