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Austrian exit from Russian gas is far from assured

Location:

AUSTRIA

Russia's share of Austrian gas imports was cut sharply in the wake of the February 2022 invasion of Ukraine but has now returned to pre-war levels. Austria’s ability to accelerate…

Businesses will face a tougher environment in Hungary

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HUNGARY

Orban's government is hiking taxes on several sectors to plug a widening fiscal deficit, amid concern that the country will not receive substantial EU funding. Unpredictable…

Russian government eyes mining firms as new tax source

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RUSSIA

Facing a budget gap formerly filled by oil and gas, the Russian government is proposing new taxes for the mining, oil and tobacco industries. It is considering proposals to triple…

Shell departure will expose Dutch business risks

Location:

NETHERLANDS

The oil and gas giant cited the country’s 15% dividend tax on some types of shares as a key reason behind its decision, while in recent years the company has been subject to…

2020 Democratic candidates will shift US fiscal agenda

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UNITED STATES

The emerging Democratic presidential candidate field and economic policy ideas before 2020.

War in Ukraine will impel Kazakhstan to diversify

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KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…

Russia’s budget deficit may exceed official target

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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…

Prospects for the Russian economy in 2021

Location:

PROSPECTS 2021

President Vladimir Putin has dropped ambitions to lift Russia into the top five global economies and postponed by six years to 2030 his plan to halve the poverty rate. The…

Obstacles to US tax reform could curb Biden’s spending

Location:

UNITED STATES

With Congress in the legislative endgame over President Joe Biden's proposed USD4tn spending on infrastructure, education, research and clean energy, changes to the US tax code to…

Macron-Le Pen rivalry is set to intensify in France

Location:

FRANCE

French party competition.