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Public spending will drive growth in Romania

Location:

ROMANIA

Investment in infrastructure has offered opportunities for economic expansion despite shrinking exports, weak consumption, inflation and high interest rates. Romania’s positive…

Romania will not meet OECD goals by date set

Location:

ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Romanian recovery plan renews state capacity doubts

Location:

ROMANIA

The plan includes ambitious reforms and investment projects, but the Commission’s critical first reactions highlight questions around the feasibility of some of these reforms and…

COVID-19 will result in limited EU health integration

Location:

EU

COVID-19 is by far the EU's worst health crisis and it has spurred fresh proposals for integration. The European Commission has announced plans to strengthen the management of…

Hungary must make real changes to unlock EU funds

Location:

HUNGARY/EU

The first triggering of the EU’s rule-of-law mechanism and the possibility of losing billions of euros as Hungary teeters on the brink of recession have put the government under…

Economic pressure will increase on Italian government

Location:

ITALY

The budget will amount to EUR24bn (USD28bn), with a deficit of 4.3% of GDP to support tax cuts and increased spending. The higher-than-expected deficit comes as economic growth…

EU threatens Slovakia with rule-of-law sanctions

Location:

EASTERN EUROPE

The EU has warned Slovakia that it could face fines or blocked EU funds over concerns that the government’s judicial reforms, particularly those protecting politicians from…

Prospects for the euro-area in 2024

Location:

PROSPECTS 2024

GDP contracted by 0.1% quarter-on-quarter in July-September, according to updated estimates from Eurostat this month, having grown by 0.2% in the second quarter and not at all in…

Right-wing party could reshape Romanian politics

Location:

ROMANIA

They face an opposition formed of the new radical right and liberal challengers. After decades of largely non-ideological competition focused on corruption and other symbolic…

Political impasse could force Rajoy to step down

Location:

SPAIN

Coalition negotiations in Spain.