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Greek GDP will plunge despite latest stimulus package

Location:

GREECE

The speech set out the government’s economic policy guidelines for the remainder of 2020 and 2021, largely extending the package of fiscal measures in place since April 2020…

COVID-19 will shift Macron’s policy focus in France

Location:

FRANCE

Macron's support.

Pre-election spending may prop up Polish economy

Location:

POLAND

The statistical office’s provisional estimate surpassed expectations and confirmed that Poland’s diversified economy, backed by government measures, had weathered the supply…

French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Swedish policies will be influenced by far-right party

Location:

SWEDEN

SD, previously a pariah, increased its vote share to 20.5%, from 17.5% in 2018. It is the largest rightist party in a bloc that has a three-seat majority. The centre-right parties…

Impact of war risks EU divisions in several areas

Location:

EU

This has been manifested across a number of policy areas including sanctions, immigration and the export of arms. However, maintaining such unity will become more challenging as…

France faces spending cuts amid rising debt

Location:

FRANCE

The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…

German fiscal expansion is unlikely despite concerns

Location:

GERMANY

The economy shrank by 0.1% quarter-on-quarter in April-June; further shrinking in the third quarter would mean a technical recession. Since growth is not likely to pick up much in…

Radically new UK economic strategy could be undermined

Location:

UNITED KINGDOM

New UK economic direction.

German spending crisis will have key implications

Location:

GERMANY

The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.