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?
A solid bounce-back in economic activity and intensifying price pressures have increased the likelihood of the Bank… https://t.co/wLVebPWyzp
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Our panel of analysts raised their projections for inflation in the Euro area for the sixth consecutive month in ou… https://t.co/4CJUC8u7A0
2 days ago
Using our online portal you can quickly and easily compare the latest forecasts for G7 economies along with over 1… https://t.co/NnMrMm1l1V
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