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EU threatens Slovakia with rule-of-law sanctions

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EASTERN EUROPE

The EU has warned Slovakia that it could face fines or blocked EU funds over concerns that the government’s judicial reforms, particularly those protecting politicians from…

Spain will pursue a ‘progressive’ policy agenda

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SPAIN

The government’s headline policy promises are to be financed by higher taxes and EU funds, while observing the EU's excessive deficit limit. The government’s most contentious and…

Chile reform defeat heralds mounting challenges

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CHILE

The intended reset was overshadowed by the March 8 defeat in Congress of a proposed tax reform, a key plank of his left-wing reform agenda. This followed another major defeat in…

Pension bill will challenge unpopular Chile president

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CHILE

As well as triggering heated debate about its merits as a means of mitigating the economic effects of COVID-19, the bill, presented by left-wing legislators, represents a key…

Catalonia is the main risk for Spain’s new government

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SPAIN

Sanchez will now have to do something which he desperately sought to avoid: rely on Catalan support to survive in government.

Chile's political malaise will not be rapidly resolved

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CHILE

The impact of continuing protests.

Post-pandemic recovery will be protracted in Peru

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PERU

Peru’s previously buoyant economy has been badly affected by the COVID-19 pandemic, contracting by around 13.38% in the first ten months of this year. Investment has been hit, as…

New Chile lockdown will add to wider uncertainties

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CHILE

At the same time, a new Central Bank report suggests that, despite a sharp liquidity-driven economic rebound this year, the country faces a lean medium-term outlook.

Chile inequality debate will drive tax reform demands

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CHILE

Although both the bill’s legislative future and the amount it would raise are uncertain, it reflects ever more explicit class polarisation and anger over inequalities.

Uncertainties will dampen Chile's economic outlook

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CHILE

This would both constrain fiscal revenues and -- regardless of whether the proposed constitution is approved in a plebiscite on September 4 -- heighten pressure for increased…