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1 – 10 of 20The 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 Denkov administration that took office in June has set adopting the euro as a top priority, and blames the previous interim government for Bulgaria’s unpreparedness to join…
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DOI: 10.1108/OXAN-DB283145
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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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…
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DOI: 10.1108/OXAN-DB275141
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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Central-East European (CEE) economies grow faster than most in good times but are more vulnerable in bad times, lacking the political and financial capital and competences to…
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DOI: 10.1108/OXAN-DB274456
ISSN: 2633-304X
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Economic hardship may be increasing support for populism and far-right politics, especially in the more vulnerable Slovakia and Hungary. Proximity to the war, including spending…
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DOI: 10.1108/OXAN-DB274093
ISSN: 2633-304X
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The surge was driven by Russia’s announcement that it was halting indefinitely supplies through the Nord Stream 1 pipeline. The new has deepened fears of a severe economic…
Although the MNB has struck a more hawkish tone and has raised rates more sharply than expected -- the latest increase is the largest since 2008 -- it has a track record of…