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Ukrainian grain dispute is likely to drag on

Location:

UKRAINE

A glut of Ukrainian agricultural products has driven down prices in neighbouring countries, prompting several governments to impose unilateral import bans. Protests by Polish…

Ukraine war threatens European climate goals

Location:

EUROPE

The situation presents a major opportunity to accelerate Europe’s clean energy transition, if the EU can prioritise the roll-out of energy efficiency measures and low-carbon…

Czech anti-crisis measures will swell public debt

Location:

CZECH REPUBLIC

Popular discontent is growing, because of rising prices, especially for energy, food and housing. Despite the government’s more transparent, pro-European and values-driven…

Baltic fiscal prudence will return even with low debt

Location:

BALTIC STATES

Monthly output in Estonia started contracting from June. GDP (adjusted) stagnated in the first quarter of 2022, and contracted quarter-on-quarter in the following two quarters…

EU will push for granting MES to China

Location:

INT/CHINA

If not offset by other changes, this will result in lower duties on Chinese imports found to have been dumped in the European market. Such a decision will be commercially…

Eastern EU will push Brussels for more farm aid

Location:

EASTERN EU

Farmers in Central and Eastern Europe (CEE) are demanding strong government support as they deal with droughts and the economic ripple effects of Russia’s invasion of Ukraine…

Spending more on East European defence will be tough

Location:

EASTERN EUROPE

Russia’s war in neighbouring Ukraine has prompted EU member-states, and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia) in particular, to rethink their own…

Russia and Central Asian states will cooperate on gas

Location:

RUSSIA/CENTRAL ASIA

The same month, Kazakh Energy Minister Almasadam Satkaliyev said Russia was willing to accept reduced rates for its gas. The two announcements follow an intense diplomatic game…

Moldova buffeted by price, energy and security crises

Location:

MOLDOVA

The government is already struggling to manage spiralling prices, the risk of reduced gas supplies and increased instability in the separatist Transnistria region. Protests over…

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…