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Romania aims to contain pandemic for December election

Location:

ROMANIA

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

Omicron will slow but not weaken German recovery

Location:

GERMANY

Bundesbank president Jens Weidmann stated that the “recovery has been somewhat pushed back” by the impact of supply chain restrictions, the rising costs of raw materials and…

Virus second wave will derail Greek budget forecasts

Location:

GREECE

The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…

Prospects for the euro-area in 2022

Location:

PROSPECTS 2022

This forecast implies the continuation of this year's rapid recovery into 2022. However, it depends on some risks abating, particularly with regard to inflation, and hence…

Lifting COVID-19 measures may hit resilient eastern EU

Location:

EU

Available second-quarter data indicate a shallower recession in most of the eleven eastern EU member states (EU-11) than the rest of the EU in January-June. This may be due to a…

Italy could be heading for a deeper recession

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ITALY

Italy's economy.

Timely Balkan virus precautions may avert the worst

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BALKANS

The spread of COVID-19 in the Balkans.

Spain's COVID-19 situation is particularly precarious

Location:

SPAIN

The lack of coordination between regions, an inefficient system of testing and tracing and the rapid reopening of society and the economy have contributed to this poor…

Global airlines will need long-term productivity gains

Location:

INTERNATIONAL

Airline industry outlook.

Eastern EU economies may rebound quickly in 2021

Location:

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…