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Municipal debt will hinder financial reform in China

Location:

CHINA

China's local government debt bailout.

A new Polish government must undo PiS state capture

Location:

POLAND

The United Right (ZP) coalition gained most votes, but lacked a government-forming majority. The opposition -- the Civic Coalition (KO), the Third Way (TD) coalition of Szymon…

China’s economic targets will get trickier to achieve

Location:

CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

Brazil's fiscal situation will improve gradually

Location:

BRAZIL

That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…

Far right stands to benefit from Dutch tensions

Location:

NETHERLANDS

Omtzigt cited concerns over government finances as a reason for leaving the talks. The other three parties appear content with the talks and will continue negotiating.

Slovak government is weighing up early elections

Location:

SLOVAKIA

SaS’s departure from government could trigger early elections and bring to power a new government with a less firmly pro-Western orientation that might substantially change…

Bachelet legacy will depend on next Chilean government

Location:

CHILE

Bachelet is beset by low approval ratings, in sharp contrast with her popularity at the end of her first term (2006-10). In response, she sought to claim a place in history by…

Finland will struggle to implement ambitious proposals

Location:

FINLAND

Finland's new government.

Challenges for Portuguese government may not abate

Location:

PORTUGAL

Portuguese leftist government and 2016 budget.

COVID-19 is likely to force austerity in Canada

Location:

CANADA

The report projects that the federal government’s deficit will rise tenfold to CAD343.2bn (USD255.1bn) in 2020-21. This vast increase raises the question of what exit strategies…