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The prospects for Greek departure from the euro-area.
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DOI: 10.1108/OXAN-DB197125
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…
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DOI: 10.1108/OXAN-DB273640
ISSN: 2633-304X
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Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…
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DOI: 10.1108/OXAN-DB207502
ISSN: 2633-304X
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EU budget surveillance.
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…
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DOI: 10.1108/OXAN-DB214416
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB242443
ISSN: 2633-304X
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The IMF insists that Greece’s debt must be made sustainable before it will again participate in programme financing. Yet IMF participation is required if the bailout plan is to…
The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…
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DOI: 10.1108/OXAN-DB244435
ISSN: 2633-304X
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The government, with half an eye on a snap election, is determined not to accede to prolonged austerity without the trade-off of significant debt relief. Timing is all. The…
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DOI: 10.1108/OXAN-DB216610
ISSN: 2633-304X
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A Central Bank regulation reaffirming the euro as sole legal tender has alarmed Kosovo’s Serbs who see it as a direct threat to their existence and is jeopardising already complex…