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?
2 hours ago
In early October, the Indonesian parliament approved the long awaited “omnibus” bill, which will markedly overhaul… https://t.co/6OKEDW6h4t
7 hours ago
At its latest policy meeting, the Central Bank of Nigeria surprised market analysts by axing the monetary policy ra… https://t.co/mLc2sPvk0e
1 day ago
Singapore and Vietnam both posted early Q3 GDP results. In Vietnam, the economy expanded at a faster pace in Q3 tha… https://t.co/uOHnJnvfbS
3 days ago
How quickly will Turkey's economy recover following the economic fallout from the pandemic? Learn more:… https://t.co/LJELtDuMgl
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