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Greek banks have shed bad debt but remain vulnerable

Location:

GREECE

Stronger balance sheets will reduce systemic risk in the sector. Efficient financial intermediation by Greek banks is a vital requirement for achieving economic growth targets in…

China ties will strain Hungary’s EU and US relations

Location:

HUNGARY

The government’s plan signals not only a new era in Hungarian-Chinese relations but also China’s more intensive presence within the EU. Heated debates within Hungary and the EU…

Romania hopes to surmount virus’s expected second wave

Location:

ROMANIA

Government measures to support workers and companies seem to have worked. With closer state-corporate dialogue established, surveys and some data give grounds for measured…

Recovery will depend on Greek cooperation with lenders

Location:

GREECE

Greece’s relationship with its creditors.

Prospects for the Euro-area in 2021

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PROSPECTS 2021

Its recovery will significantly depend on how quickly the latest measures to combat the spread of COVID-19 can be withdrawn, the speed at which a vaccine can be deployed at scale…

Post-virus downturn could hurt Hungary’s government

Location:

HUNGARY

The pandemic has strengthened Prime Minister Viktor Orban’s position in the short term. However, the government has done little on the economic front; a conservative stimulus…

Eastern Europe’s green transition will need more work

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EASTERN EUROPE

National efforts, EU-wide measures, warm weather and low Chinese demand helped them weather the impact of Russia’s invasion of Ukraine, but partly at the expense of progress on…

Germany’s economy will struggle to grow this year

Location:

GERMANY

GDP appears to have remained flat, quarter-on-quarter, in January-March, while there was a significant fall in industrial production in March and in investor confidence over the…

Prospects for euro-area to end-2020

Location:

PROSPECTS H2 2020

Prospects for euro-area to end-2020.

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…