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Teacher protests to impact Poland and Hungary politics

Location:

POLAND/HUNGARY

Hungary and Poland have since 2022 seen a powerful wave of protests and strikes by educators and students. In both countries, teachers have challenged the overhaul of national…

Party cronies take control of Hungary’s universities

Location:

HUNGARY

The Orban government, under the slogan of increased efficiency, has established 34 public-interest trust foundations and outsourced almost the whole of the higher education sector…

Markets do not expect Hungary to quell inflation

Location:

HUNGARY

This was legislating by decree; the announcement gave few details of the changes from the budget passed in parliament in mid-2022. The announcement did say an increase in the…

UK fiscal position leaves little space for growth

Location:

UNITED KINGDOM

The statement coincides with forecasts from the Office for Budget Responsibility (OBR) and the Bank of England (BoE) which envisage that economic growth will not return to…

US dollar strength will weigh on exports to Europe

Location:

UNITED STATES

The dollar has risen sharply in the past year; on May 1, 2014, the euro traded close to 1.39 dollars compared to 1.11 dollars today. The trade weighted dollar index is up 20% in…

Czech vote may raise chances of new ANO-led government

Location:

CZECH REPUBLIC

Now that Zeman has successfully retaken the presidency with 152,000 more votes than his pro-Western rival Jiri Drahos after a campaign that was dominated by domestic issues…

Structural problems threaten fast Hungarian growth

Location:

HUNGARY

After decades of delayed structural transition, Prime Minister Viktor Orban's government is presenting recent rapid growth as evidence of its successful management of the economy…

Ciolos will aim to tackle Romania's developmental lag

Location:

ROMANIA

The non-party government of former EU Commissioner Dacian Ciolos took office on November 17 after the Ponta government stood down. Much of the previous administration's budget…

France faces spending cuts amid rising debt

Location:

FRANCE

The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…

Omicron will slow but not weaken German recovery

Location:

GERMANY

Bundesbank president Jens Weidmann stated that the “recovery has been somewhat pushed back” by the impact of supply chain restrictions, the rising costs of raw materials and…