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Spain’s Sanchez reboots agenda with cabinet reshuffle

Location:

SPAIN

The reshuffle involves some significant changes, including the promotion of Economy Minister Nadia Calvino as first deputy prime minister. Other notable changes include new…

Spain’s economic recovery from COVID-19 will be slow

Location:

SPAIN

Spain's economic outlook.

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Russian household consumption is recovering slowly

Location:

RUSSIA

This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…

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

Location:

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.

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

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…

Virus will stymie Seoul's economic recovery hopes

Location:

SOUTH KOREA

The economic outlook for South Korea in 2020.

Pandemic triggers European rethink on supply chains

Location:

EUROPE

Economic recovery.