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Hoped-for Balkan tourism recovery is unlikely in 2022

Location:

BALKANS

After the COVID-19 pandemic devastated the tourist sector in 2020 and 2021, countries where tourism is important were eyeing a ‘golden year’ in 2022 now that most travel…

Eastern EU may target those vulnerable to inflation

Location:

EU

Russia’s invasion of Ukraine cut the supply of major staples to the Baltic states and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia). Local factors, such as import…

Euro-area activity will slow sharply or even contract

Location:

EU

The euro-area is highly exposed to the fallout from the Ukraine war, and higher commodity prices for a longer period will squeeze the disposable incomes of households and firms…

Ukraine crisis exacerbates Europe's inflation concerns

Location:

EUROPE

Concerns over energy supply from Russia increase the chances that inflationary pressures will persist throughout 2022, potentially worsening the cost-of-living crisis in many…

Ukraine will worsen existing Latin American weaknesses

Location:

LATIN AMERICA

Although many countries in Latin America are net food exporters, the fallout from the war in Ukraine is set to have a serious impact on a region already disproportionately…

Ukraine crisis will bring heavy costs for Europe

Location:

EU

The sanctions amount to a middle-of-the-road approach: leaders agreed to keep Russia in the SWIFT payment system and avoid targeting Russian energy exports. They will not cause…