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Poland's economic outlook will be uncertain under PiS

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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…

French reform drive could slow down

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FRANCE

France's reform agenda.

Greece’s political and economic prospects are fragile

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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

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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…

Budget will stabilise Portugal's minority government

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PORTUGAL

The Portuguese government presented its 2017 budget to parliament on October 14. The EU agreed in August to waive fines over its excessive budget deficits, but Portugal remains…

Slower Polish growth may upset 2019 budget targets

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POLAND

With a two-year electoral cycle getting under way, the PiS government may be tempted to increase social spending. The stronger-than-expected economic outturn in the first half of…

New Slovak government will rely heavily on compromise

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SLOVAKIA

Smer-SD has agreed to form a coalition with three other parties -- the Slovak National Party (SNS), Most-Hid and Siet -- which passed the 5% threshold to enter parliament at…