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The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…
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DOI: 10.1108/OXAN-DB285741
ISSN: 2633-304X
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The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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Lower wholesale natural gas prices have improved balance-of-payments and fiscal positions and driven down inflation rates in Central Europe (CE). Financial markets are pricing in…
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DOI: 10.1108/OXAN-DB276156
ISSN: 2633-304X
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Rising tensions over monetary policy in Central-Eastern Europe have burst into the open in Poland. The National Bank of Poland (NBP)’s controversial decision to halt a year-long…
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DOI: 10.1108/OXAN-DB274238
ISSN: 2633-304X
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The new EU directive requires those member states that have a statutory minimum wage to set it in relation to indicative reference values, such as a basket of goods and services…
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DOI: 10.1108/OXAN-DB272953
ISSN: 2633-304X
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The Visegrad Four (V4) -- Czechia, Hungary, Poland and Slovakia -- have been widely regarded as an economic success in post-transition European integration, global value-chain…
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DOI: 10.1108/OXAN-DB275347
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB276117
ISSN: 2633-304X
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Markets have taken badly the Fed's more hawkish policy guidance for 2017, not expecting such a shift in monetary policy so soon. The shift in US monetary policy comes just as the…
The outlook for Central-East European debt.
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DOI: 10.1108/OXAN-DB222100
ISSN: 2633-304X
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Budget constraints make it difficult for the Czech, Hungarian, Polish and Slovak authorities to help households and firms suffering as a result of the economic shocks caused by…