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Spending more on East European defence will be tough

Location:

EASTERN EUROPE

Russia’s war in neighbouring Ukraine has prompted EU member-states, and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia) in particular, to rethink their own…

UK policy storm may spread fears of financial risk

Location:

UK/INT

UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…

Positive euro-area rates will have multiple impacts

Location:

EU

Though unemployment is low, sentiment indicators show a marked downturn in economic activity, while inflationary pressures are no longer limited to food and energy. For…

Monetary tightening will spread through Central Europe

Location:

CENTRAL EUROPE

Central banks’ divergent monetary policy stances in Central Europe.

Italy’s growth outlook will be subdued without reforms

Location:

ITALY

Italy’s national accounts confirmed that the economy grew by 0.4% quarter-on-quarter for a third quarter in April-June, driven by services and a 0.6% increase in industrial…

Hungary is unprepared for normalised monetary policy

Location:

HUNGARY

The MNB is bucking the trend of tighter monetary policy across Central Europe by increasing its range of unconventional tools to keep financial conditions loose. This is despite…

Reshuffle may not save Slovenia’s faltering government

Location:

SLOVENIA

Golob said the government could now press on with the transformation of Slovenia for which it was elected last June: 2023 would be the year of reforms. A referendum in November…

Greek GDP growth in 2022 will rely on EU recovery aid

Location:

GREECE

The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…