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Czech anti-crisis measures will swell public debt

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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…

Five-party Czech government must compromise on policy

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CZECH REPUBLIC

The five-party coalition enters office at a time of intense economic and social uncertainty resulting from the COVID-19 pandemic, rising debt and soaring energy prices. Prime…

Pandemic will test parliamentary scrutiny in Europe

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EUROPE

Far-reaching law-making powers have been delegated to governments throughout Europe, which have engaged in unprecedented levels of public spending; the urgency posed by the…

COVID-19 crisis will raise EU-Central European tension

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EU

The economic impact of COVID-19 on Central Europe.

Czech and Polish anti-inflation plans may work better

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EASTERN EUROPE

Budget constraints make it difficult for the Czech, Hungarian, Polish and Slovak authorities to help households and firms suffering as a result of the economic shocks caused by…

COVID-19 may hit less resilient EU eastern areas more

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EU

At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade…

Czech election result will depend on undecided voters

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CZECH REPUBLIC

A series of scandals surrounding Prime Minister Andrej Babis, including the newly released Pandora Papers, threaten to undermine ANO’s popularity. A challenge may come from the…

Central-East European banks will weather COVID-19 hit

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EUROPE

Lockdowns to contain the spread of COVID-19 have slowed economic activity. Throughout Central, Eastern and South-eastern Europe (CESEE), there were major portfolio outflows in…

Eastern EU economies may rebound quickly in 2021

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EUROPE

Following sharp contractions across Europe in the second quarter of 2020 and a strong rebound in the third, most CEE countries have been able to maintain some momentum in…

Inflationary expectations threaten eastern EU recovery

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EU

Supply bottlenecks and higher energy prices have driven up prices. The OECD reported 4.6% annual inflation in September, and 18.9% for energy. In the EU, annual inflation reached…