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Belarusian economic recovery may not last

Location:

BELARUS

At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…

Global minimum tax on corporate profits is going ahead

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INTERNATIONAL

Progress was made on the technical details of Pillar 1, the reallocation of taxing rights from host countries to those where a multinational operates, but US opposition has…

Greece will struggle to cope with rising living costs

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GREECE

The announcement comes on the back of relatively tight fiscal policies and economic growth that outperforms EU peers. Yet the bullish macroeconomic picture has not translated into…

Tax policies risk global economic cooperation

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INTERNATIONAL

The impact of the diverted profits tax.

Croatia will watch whether euro adoption raises prices

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CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…

Belarus recovery will depend on external conditions

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BELARUS

Chronic problems in the Belarusian economy.

Slovenia's window of opportunity to reform is closing

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SLOVENIA

The economy has been growing respectably, helped by rising exports, inward foreign direct investment (FDI), the ECB's quantitative easing and large inflows of EU structural funds…

Expropriation risks for foreigners in Russia will rise

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RUSSIA

Operating restrictions on Western firms since 2022 have expanded into expropriation risks over the last year. This month Putin signed a decree to authorise the seizure of US…

Warsaw's ambitious growth plan's funding is weak link

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POLAND

The government's plan for infrastructure-led growth.

Terms of Greece's third bailout will depress economy

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GREECE

In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…