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Macron faces political risks over French fiscal woes

Location:

FRANCE

The government is highly dependent on steady GDP growth to meet its pledges on deficit-reduction and tax cuts. It was forced to implement EUR10bn (USD10.7bn) in emergency cuts in…

Romanian fiscal and external deficits will remain wide

Location:

ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

International diamond market will evolve further

Location:

INTERNATIONAL

There are growing doubts about the commercial viability of the synthetic diamond sector, which has in recent years reshaped the international diamond market. LGDs have opened…

Dilution of European green deal is likely

Location:

EU

Notably, she did not announce new or ongoing legislative efforts associated with the green deal. The speech was the first public sign that the Commission’s green agenda is…

Russia’s budget deficit may exceed official target

Location:

RUSSIA

The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…

Compromises extend G20 cooperation amid little success

Location:

INTERNATIONAL

The compromises made by the leading players on issues such as the Ukraine war may be enough to sustain the future of the G20 as a top forum for international economic cooperation…

Hungary will struggle to mend its fiscal woes

Location:

HUNGARY

This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

Right are slight favourites ahead of Portugal election

Location:

PORTUGAL

Costa’s Socialist Party (PS), which is now led by Pedro Nuno Santos, is tied in opinion polling with the centre-right opposition Democratic Alliance (AD). The far-right Chega is…