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External factors will slow Greek GDP growth next year

Location:

GREECE

The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…

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…

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…

Right-wing party could reshape Romanian politics

Location:

ROMANIA

They face an opposition formed of the new radical right and liberal challengers. After decades of largely non-ideological competition focused on corruption and other symbolic…

COVID-19 may hit less resilient EU eastern areas more

Location:

EU

At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade…