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Soft landing has become more likely in Central Europe

Location:

EU

The NBP’s March Inflation Report lowers its forecast for average CPI significantly to 1.7%, from 3.2% in its November forecast; GDP is to grow by 4.0% (November: 3.6%). Outside…

Slower Polish growth may upset 2019 budget targets

Location:

POLAND

With a two-year electoral cycle getting under way, the PiS government may be tempted to increase social spending. The stronger-than-expected economic outturn in the first half of…

Spain’s economy is set for modest growth in 2023

Location:

SPAIN

The economy’s performance has been aided by strong fiscal support, less exposure to high international energy prices and a resilient services sector. Headline inflation fell…

Investment will be key for continuing Polish growth

Location:

POLAND

The second phase of the government's reform agenda.

France’s Macron will struggle to implement key goals

Location:

FRANCE

Macron aims to raise the retirement age, improve the business environment, cut unemployment and promote a green energy transition in the next five years. To do so, he plans only…

Italy’s budget for next year reflects fiscal caution

Location:

ITALY

The government proposes a moderate increase in spending, largely funded by better-than-expected GDP growth. Rome has committed to the previous government's fiscal consolidation…

Budget will stabilise Portugal's minority government

Location:

PORTUGAL

The Portuguese government presented its 2017 budget to parliament on October 14. The EU agreed in August to waive fines over its excessive budget deficits, but Portugal remains…

Macron is looking to enhance France’s industrial base

Location:

FRANCE

France's manufacturing outlook.

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Inflation and deficits may upset Hungary’s economy

Location:

HUNGARY

Hungary’s inflation rate was the EU’s highest in spring 2021. Spending promises and tax cuts ahead of elections due by spring 2022 are widening the budget deficit. Prime…