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Italian vote only delays return to instability

Location:

ITALY

Draghi remaining in office is positive for short-term stability. Yet the election exposed the polarisation and weakness of Italy’s political system, which does not auger well for…

Moldova heads for uncertain recovery

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MOLDOVA

Modest recovery in Moldova.

France’s recovery boosts Macron’s re-election hopes

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FRANCE

Inflation is lower than in other major EU economies and unemployment is falling, albeit from a high base, as the country approaches presidential elections in April.

Uruguay trade deals will be key to boost recovery

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URUGUAY

The move is part of a trade offensive by President Luis Lacalle Pou, who has instructed the foreign ministry to explore possible FTAs with other countries as well. In a region…

Ukraine reconstruction needs money and tough oversight

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UKRAINE

The Lugano conference was an important launch-pad for efforts to mobilise international support. The Ukrainian government presented a Recovery and Development Plan, a lengthy but…

Canada economic recovery from COVID-19 will take time

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CANADA

The pandemic has plunged Canada into recession. Employment rolls shrank from 19.2 million (mn) in February to 16.2mn in April. Although they rose to 16.5mn in May, concerns about…

France’s Macron seeks to relaunch economic reforms

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FRANCE

Among those policies are measures targeted at youth unemployment and social care for older people, aimed at attracting left-wing support. Most importantly, Macron has committed to…

Italy’s next government rests on Draghi’s fortunes

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ITALY

This has put Salvini under pressure, though it has not weakened his support for Prime Minister Mario Draghi’s government of national unity. Support for Draghi suggests the League…

South-South cooperation has a long way to go

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INTERNATIONAL

Foreign development assistance from and to countries in the ‘Global South’ aims to disrupt not only the established direction of aid flows from the northern to the southern…

Spain’s budget majority promises political stability

Location:

SPAIN

The minority Socialist Party (PSOE) - Unidas Podemos (UP) government needed the support of several left-wing and pro-independence parties to get the budget through. Its approval…