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Inflationary expectations threaten eastern EU recovery

Location:

EU

Supply bottlenecks and higher energy prices have driven up prices. The OECD reported 4.6% annual inflation in September, and 18.9% for energy. In the EU, annual inflation reached…

Downturn in Greece and abroad will sap property market

Location:

GREECE

This second extension is due to a slower-than-expected fall in cases in the COVID-19 pandemic’s second wave: 904 new infections were reported in the previous 24 hours yesterday…

Austria’s growing economy may not allay voters’ fears

Location:

AUSTRIA

Austria's economic outlook.

Omicron will slow but not weaken German recovery

Location:

GERMANY

Bundesbank president Jens Weidmann stated that the “recovery has been somewhat pushed back” by the impact of supply chain restrictions, the rising costs of raw materials and…

Hungary’s monetary stance may weaken forint further

Location:

HUNGARY

Hungary’s financial and economic woes are deepening amid a second wave of COVID-19 infections, which is undermining business and consumer confidence, and threatening to derail the…

Greek banks have shed bad debt but remain vulnerable

Location:

GREECE

Stronger balance sheets will reduce systemic risk in the sector. Efficient financial intermediation by Greek banks is a vital requirement for achieving economic growth targets in…

Second COVID wave could stall Macron’s relaunch

Location:

FRANCE

However, the second lockdown in October and November, coupled with persistent uncertainty about the pandemic’s trajectory, threatens to undermine the effectiveness of Relaunching…

Lifting COVID-19 measures may hit resilient eastern EU

Location:

EU

Available second-quarter data indicate a shallower recession in most of the eleven eastern EU member states (EU-11) than the rest of the EU in January-June. This may be due to a…

Greece has reserves to help economy fight virus impact

Location:

GREECE

This is one of several temporary ECB measures against tightening liquidity in the euro-area due to the coronavirus pandemic which in Greece has cut official GDP forecasts…

Pressure will grow on Italy’s debt sustainability

Location:

ITALY

Successful use of EU funds is vital to putting the economy on an improved trajectory, but Italy has a poor record on absorbing EU funds. Failure would compound the country's…