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Putin re-election leaves Russia's dilemma unresolved

Location:

RUSSIA

With 98.8% of votes counted, turnout was put at 67.5%, close to the 70.0% the Kremlin had flagged up as desirable. Putin's victory is about continuity rather than a new start, and…

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…

Swedish policies will be influenced by far-right party

Location:

SWEDEN

SD, previously a pariah, increased its vote share to 20.5%, from 17.5% in 2018. It is the largest rightist party in a bloc that has a three-seat majority. The centre-right parties…

Greek coalition will play politics at debt talks

Location:

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…

Eastern members face EU fiscal deficit procedure

Location:

EASTERN EUROPE

Eleven members are expected to be found in breach of the EU’s rules governing fiscal deficits and public debt, including three or four of the Visegrad Four (V4) states. These…

Romanian fiscal and external deficits will remain wide

Location:

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…

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…

Hungary’s pandemic measures will entrench ruling party

Location:

HUNGARY

While the government's communications focus on how to stop the pandemic and make the economy more resilient, some of its recent spending decisions seem unrelated to tackling…

Dilution of European green deal is likely

Location:

EU

Notably, she did not announce new or ongoing legislative efforts associated with the green deal. The speech was the first public sign that the Commission’s green agenda is…

Economic woes to drive Greenland's hydrocarbons effort

Location:

GREENLAND

Prospects for the hydrocarbons sector under the new government