Search results

Hungary will struggle to mend its fiscal woes

Location:

HUNGARY

This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…

Italy’s budget for next year reflects fiscal caution

Location:

ITALY

The government proposes a moderate increase in spending, largely funded by better-than-expected GDP growth. Rome has committed to the previous government's fiscal consolidation…

UK foreign ministry's power diminishes and disperses

Location:

UNITED KINGDOM

Like the US State Department, the UK Foreign and Commonwealth Office (FCO) has experienced a long-term diminution of its budgets and standing as foreign policymaking is dispersed…

French government faces tough parliamentary hurdles

Location:

FRANCE

The minority government faces significant opposition to its medium-term financial plans, next year’s deficit-reducing budget and immigration reforms.

EU green ambitions are strongly reflected in budget

Location:

EU

Overall, some 30% of the budget will involve climate-related spending. One of the key reforms concerns the EU’s own resources mechanism to finance spending, with plans to…

Spain’s budget majority promises political stability

Location:

SPAIN

The minority Socialist Party (PSOE) - Unidas Podemos (UP) government needed the support of several left-wing and pro-independence parties to get the budget through. Its approval…

EU fiscal reforms will reinforce regional divergence

Location:

EU

Though parameters have changed and national starting positions are recognised more, the reforms are not extensive. Debt and deficit targets remain. Indebted countries, principally…

IMF will drip-feed funding to drive Ukraine reforms

Location:

UKRAINE

IMF conditionality as a driver for Ukrainian reforms

Economic woes to drive Greenland's hydrocarbons effort

Location:

GREENLAND

Prospects for the hydrocarbons sector under the new government

Defence spending will remain robust in Europe

Location:

EUROPE

However, many countries, including those worst-affected by COVID-19, have committed to maintaining defence spending commitments, suggesting that 2020 will have less of an impact…