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Virus storm will erode Hungarian government’s position

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HUNGARY

Fidesz faces an election in spring 2022. The spectre of a weaker position in the EU and increased EU scrutiny on Hungary’s rule of law record could deal the party further blows…

Structural problems threaten fast Hungarian growth

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HUNGARY

After decades of delayed structural transition, Prime Minister Viktor Orban's government is presenting recent rapid growth as evidence of its successful management of the economy…

Prospects for eastern EU in 2021

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PROSPECTS 2021

Governments have been able to address public demands for economic growth, physical and social security, and to generate ideological support from social-conservative…

Ukraine’s EU membership will not be fast-tracked

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EU

This is a morale booster for Kyiv, but a lengthy accession procedure, likely vetoes from pro-Russian or Ukrainian-neutral governments, and uncertainty over the war’s course will…

Infrastructure spending may pick up in Central Europe

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CENTRAL EUROPE

The expected rebound from declining infrastructure investment in Central Europe in 2016-17.

Eastern EU may target those vulnerable to inflation

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EU

Russia’s invasion of Ukraine cut the supply of major staples to the Baltic states and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia). Local factors, such as import…

Risks will outweigh recovery chances in Eastern Europe

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EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Long-delayed Romanian motorway will help Ukraine

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ROMANIA

This offers Ukraine enhanced connectivity to the EU, increasing the volume of throughputs in response to Russia’s restrictions on Black Sea shipping, but also responding to…

EU is likely to renew Russia sanctions

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EU

Russia has said the ban is in response to the EU's sanctions against Russia. EU economic sanctions expire at the end of July, and their renewal requires consensus. The contingent…

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…