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Economy may suffer as party leaves Slovak government

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SLOVAKIA

Deep rifts have dominated Slovak politics since the four-party coalition’s conception, but disagreements between Ordinary People and Independent Personalities (OLaNO) and SaS…

Economic pressure will increase on Italian government

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ITALY

The budget will amount to EUR24bn (USD28bn), with a deficit of 4.3% of GDP to support tax cuts and increased spending. The higher-than-expected deficit comes as economic growth…

Draghi's government promises some hope for Italy

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ITALY

Except for the far-right Brothers of Italy (FdI), all the main parties are part of the government, thus giving Draghi significant political support as he prepares to tackle…

Survival of Italy’s government rests on Draghi choice

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ITALY

Plans to invest in key areas such as innovation, digitisation and climate change are already under way, as are plans to reform the pension system.

Italy’s public sector reforms face uphill battle

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ITALY

The PNRR is vital to revive growth in the EU’s most fragile economy. In addition to providing foundations for a strong economic recovery from COVID-19, the PNRR also focus on…

Romanian recovery plan renews state capacity doubts

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ROMANIA

The plan includes ambitious reforms and investment projects, but the Commission’s critical first reactions highlight questions around the feasibility of some of these reforms and…

Bulgaria’s grand coalition may yield modest outcomes

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BULGARIA

After two inconclusive elections, GERB and PP-DB have conditionally agreed to cooperate. The cabinet headed by Nikolay Denkov (PP-DB) ends the long rule by a caretaker…

Polish government hopes to reboot economy and support

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POLAND

POLAND: Government hopes to reboot economy and support

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…

QE will stem euro-area contagion from Greece for now

Location:

EURO-AREA

The likelihood of financial contagion from Greece.