Blog posts tagged by tag: Portugal
Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017
After dragging Greece kicking and screaming through a never-ending vicious cycle of fiscal adjustment and output decline, the European Commission seems to be softening in its attitude towards other struggling Eurozone economies. France, Italy, Portugal and Spain, among others, have all repeatedly been given extensions to reduce their debt and deficit levels after recurrent breaches of EU targets have gone unpunished, and the trend looks set to continue as our forecasts show that those economies will underperform again this year and next. Does this mark a shift in mindset within the Commission as to whether the Growth and Stability Pact is fit for purpose? Or rather just tactical maneuvering—or indeed resigned acceptance—in tough political times, as the EU faces unprecedented challenges to its legitimacy and survival?
The majority of economic news has been decidedly gloomy in recent months. However, there is one region we cover whi… https://t.co/V1w1T2digf
14 hours ago
Regional GDP is forecast to contract markedly this year as the war devastates the Ukrainian economy, while the Russ… https://t.co/4Ut9QNYdvK
3 days ago
The base metals price outlook improved further this month, although prices are still expected to fall from their cu… https://t.co/MkkbfNgkFj
4 days ago
The downturn in precious metal prices in April was broad-based, with all four metals tracked by our analysts postin… https://t.co/TKHmYXXHqb
5 days ago
Regional economic growth should accelerate this year on the reduced impact of the pandemic and higher oil output as… https://t.co/UD6u7Yj0Hu
5 days ago
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