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Government may water down Greek pension reform

Location:

GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

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…

Deteriorating external environment is main Greek risk

Location:

GREECE

ND development plan.

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…

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…

Slovakia’s response to energy crunch will need EU help

Location:

SLOVAKIA

Slovakia’s Soviet inheritance has exposed it to the massive economic fallout from the Kremlin’s full-scale aggression against Ukraine, its efforts to squeeze natural gas supplies…

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…