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1 – 10 of 12Incoming Prime Minister Robert Fico’s gradual adoption of nationalism, aversion to migration and conspiracy theories have jeopardised Slovakia’s reputation as a reliable partner…
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DOI: 10.1108/OXAN-DB283004
ISSN: 2633-304X
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The largest annual rise was for food, by 30.9% (3.3% month-on-month). Many Hungarians are expecting their living standards to decline, with costs rising also for some public…
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DOI: 10.1108/OXAN-DB272664
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB274143
ISSN: 2633-304X
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Surging inflation across CE has coincided with a rapid worsening of current-account balances, particularly in Hungary, putting the region’s currencies under strain. It has…
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DOI: 10.1108/OXAN-DB265777
ISSN: 2633-304X
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Hungary’s financial and economic woes are deepening amid a second wave of COVID-19 infections, which is undermining business and consumer confidence, and threatening to derail the…
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DOI: 10.1108/OXAN-DB257096
ISSN: 2633-304X
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TURKEY: Tourism is reviving but not to 2019 levels
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DOI: 10.1108/OXAN-ES270077
ISSN: 2633-304X
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The MNB’s first rate rise in a decade responds to headline inflation rising to the highest rate in the EU. The US Federal Reserve (Fed) decision to bring forward raising interest…
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DOI: 10.1108/OXAN-DB262296
ISSN: 2633-304X
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Supply bottlenecks and higher energy prices have driven up prices. The OECD reported 4.6% annual inflation in September, and 18.9% for energy. In the EU, annual inflation reached…
Hungary’s inflation rate was the EU’s highest in spring 2021. Spending promises and tax cuts ahead of elections due by spring 2022 are widening the budget deficit. Prime…
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DOI: 10.1108/OXAN-DB263216
ISSN: 2633-304X
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This is despite a spike in core inflation. The three central banks of Central Europe (CE) are on a loosening cycle, responding aggressively to the COVID-19-induced collapse in…