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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…
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DOI: 10.1108/OXAN-DB276117
ISSN: 2633-304X
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The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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Although the MNB has struck a more hawkish tone and has raised rates more sharply than expected -- the latest increase is the largest since 2008 -- it has a track record of…
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DOI: 10.1108/OXAN-DB271195
ISSN: 2633-304X
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Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…
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DOI: 10.1108/OXAN-DB272975
ISSN: 2633-304X
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Prospects for emerging economies to end-2016.
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DOI: 10.1108/OXAN-DB211741
ISSN: 2633-304X
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Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…
However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Economic policy-making.
This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…