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US/EU household debt will be less contagious than 2007

Location:

US/EU

Household indebtedness in advanced countries.

UK government has space for fiscal loosening

Location:

UNITED KINGDOM

The UK economy is not as directly exposed to the conflict as other European countries, but economic weakness in the EU will have knock-on effects for the United Kingdom. The…

Czech and Polish anti-inflation plans may work better

Location:

EASTERN EUROPE

Budget constraints make it difficult for the Czech, Hungarian, Polish and Slovak authorities to help households and firms suffering as a result of the economic shocks caused by…

Policy mix will fail to tackle Balkan air pollution

Location:

BALKANS

Monitoring detected an improvement in air quality, allowing the emergency measure against smog to be withdrawn. However, atmospheric pollution is a chronic problem in the Western…

Euro-area activity will slow sharply or even contract

Location:

EU

The euro-area is highly exposed to the fallout from the Ukraine war, and higher commodity prices for a longer period will squeeze the disposable incomes of households and firms…

Croatia will watch whether euro adoption raises prices

Location:

CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…

Eastern EU may target those vulnerable to inflation

Location:

EU

Russia’s invasion of Ukraine cut the supply of major staples to the Baltic states and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia). Local factors, such as import…

Slovakia’s response to energy crunch will need EU help

Location:

SLOVAKIA

Slovakia’s Soviet inheritance has exposed it to the massive economic fallout from the Kremlin’s full-scale aggression against Ukraine, its efforts to squeeze natural gas supplies…

Lower workforce will impair global GDP trend growth

Location:

INTERNATIONAL

Changing demography and socio-economic trends in the labour force.

Regional response to Venezuelan migrants will evolve

Location:

VENEZUELA

After an initially haphazard response, there is now better planning around both immediate humanitarian need and permanent settlement, underpinned by donor financial and technical…