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Helping farmers only partly eases India’s rural crisis

Location:

INDIA

A key factor in the sharp fall is decreasing consumption, especially in rural areas. Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has sought to raise farmer…

Low euro-area growth supports case for ECB action

Location:

EURO-AREA

This is the same pace as in the third quarter, marking the eleventh consecutive quarter of expansion. For January-December, growth accelerated to 1.5% from 0.9% in 2014, in line…

Outlook is mixed for Indonesian economy

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INDONESIA

A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…

Economic success will elude Macri in Argentina

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ARGENTINA

The 2018 currency crisis left the economy in one of the deepest downturns of the last decade, repeating the cyclical pattern in place since 2011 of one year of growth followed by…

Pre-election spending may prop up Polish economy

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POLAND

The statistical office’s provisional estimate surpassed expectations and confirmed that Poland’s diversified economy, backed by government measures, had weathered the supply…

External factors will slow Greek GDP growth next year

Location:

GREECE

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…

El Salvador majority to ease external funding access

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EL SALVADOR

The five seats obtained by its allies, the Gran Alianza por la Unidad Nacional (Grand Alliance for National Unity) will cement the majority further. This concentration of power…

Hungary will struggle to mend its fiscal woes

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HUNGARY

This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…

Greece’s political and economic prospects are fragile

Location:

GREECE

Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…

East European growth in 2023 will be modest at best

Location:

EASTERN EUROPE

Some countries are dipping into recession, while others are likely to manage modest growth. Their various policy and real-economy responses point to different strengths and…