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The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.
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DOI: 10.1108/OXAN-DB283925
ISSN: 2633-304X
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Moody's may cut Poland's credit rating because of the government's controversial changes to the constitutional court, the agency has warned. The European Commission continues to…
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DOI: 10.1108/OXAN-DB210522
ISSN: 2633-304X
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However, the unexpected downgrade of Poland by Standard & Poor's (S&P) on January 15 has focused attention on the financial and economic policy stance of the Law and Justice (PiS…
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DOI: 10.1108/OXAN-DB208166
ISSN: 2633-304X
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The debt brake, which places a strict limit on the issuance of public debt and reflects Germany's innate fiscal conservatism, is being challenged given COVID-19 disruption, a…
Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…
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DOI: 10.1108/OXAN-DB207502
ISSN: 2633-304X
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HUNGARY/EU: COVID-19 emergency measures defy criticism
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DOI: 10.1108/OXAN-ES251750
ISSN: 2633-304X
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Prospects for North Africa in 2019.