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1 – 10 of 52The 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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HUNGARY: Doubts remain about economy despite EU funds
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DOI: 10.1108/OXAN-ES285605
ISSN: 2633-304X
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Financial markets are betting that ending the Law and Justice (PiS) party’s eight-year rule will help unlock EU funds, strengthen Poland’s institutions and increase its…
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DOI: 10.1108/OXAN-DB283548
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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This was higher than the annual rates recorded during the pre-2008 boom, and comfortably above 2022 inflation. Property prices are rising because of a combination of low interest…
Despite the short-term improvement in the fiscal position, the budget does not make major changes to macroeconomic policy or reverse planned tax increases. Instead, the government…
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DOI: 10.1108/OXAN-DB278067
ISSN: 2633-304X
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The statistical office’s provisional estimate surpassed expectations and confirmed that Poland’s diversified economy, backed by government measures, had weathered the supply…
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DOI: 10.1108/OXAN-DB276595
ISSN: 2633-304X
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This was legislating by decree; the announcement gave few details of the changes from the budget passed in parliament in mid-2022. The announcement did say an increase in the…
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DOI: 10.1108/OXAN-DB275011
ISSN: 2633-304X
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Prospects for the euro-area in 2023.
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…