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French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Italy could be heading for a deeper recession

Location:

ITALY

Italy's economy.

UK trade and investment will be vulnerable to Brexit

Location:

UNITED KINGDOM

UK economic prospects against the backdrop of the Brexit negotiations

Prospects for the euro-area in 2024

Location:

PROSPECTS 2024

GDP contracted by 0.1% quarter-on-quarter in July-September, according to updated estimates from Eurostat this month, having grown by 0.2% in the second quarter and not at all in…

Euro-area activity will slow sharply or even contract

Location:

EU

The euro-area is highly exposed to the fallout from the Ukraine war, and higher commodity prices for a longer period will squeeze the disposable incomes of households and firms…

Prospects for the euro-area to end-2023

Location:

PROSPECTS H2 2023

Tourism and other customer-facing sectors are growing solidly even though above-target inflation is squeezing disposable incomes. However, strong services activity is keeping core…

EU’s gas position will remain exposed to shocks

Location:

EU

It is expected to receive much less Russian gas this year than last. Power sector developments and increased liquefied natural gas (LNG) import capacity are both positive, but the…

EU slowdown may reach Croatia and Slovenia via tourism

Location:

CROATIA/SLOVENIA

Croatia also recorded strong growth in the first half, its economy benefiting like Slovenia’s from a recovery in tourism. Tourism both exposed Croatia and Slovenia to deep…

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…

Risks threaten optimistic Greek growth forecasts

Location:

GREECE

After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…