Emerging Europe Economics Weekly Slow vaccine rollout, Turkey’s S-400s, Czech tightening The incredibly slow start to vaccination programmes across the region threatens to delay the recovery we had expected from Q2 this year. Meanwhile, signs that Turkey is open to compromise on its... 12th February 2021 · 7 mins read
Emerging Europe Economics Weekly Sputnik V gets a thumbs up, Turkey’s constitution plans Russia's vaccination programme has got off to a slow start, but the the publication of peer-reviewed trial results that confirm the high efficacy of the Sputnik V vaccine should help to improve... 5th February 2021 · 7 mins read
Emerging Europe Economics Weekly EU vaccine row, MNB asset purchases, CBRT impresses The risk of a large shortfall in COVID-19 vaccine deliveries to the EU threatens to delay the recovery that we had expected in Emerging Europe during the first half of this year. While the central... 29th January 2021 · 8 mins read
Emerging Europe Economics Weekly Russia’s FDI slump, NS2 in danger, hawkish CBRT The slump in FDI inflows to a 26-year low in Russia last year underline how bleak the country's medium-term growth prospects are. With the Nord Stream 2 gas pipeline looking in greater danger of being... 22nd January 2021 · 6 mins read
Emerging Europe Economics Weekly Hungary’s vaccine drive, Turkey’s recovery teeters Vaccination programmes gathered pace across the region this week and the Hungarian government's decision to side-step the EU and procure vaccines independently could allow containment measures to be... 15th January 2021 · 6 mins read
Emerging Europe Economics Weekly Vaccine rollout, Poland’s policy shift, US data breach COVID-19 vaccination programmes in the region have started slowly over the past few weeks and prolonged virus restrictions mean that economies will remain weak for a few more months at least... 8th January 2021 · 5 mins read
Emerging Europe Economics Weekly Russia food prices, Czech tax cut, Turkey’s policy shift Measures taken by Russia’s government this week to try to curb the rise in food inflation are unlikely to have a major impact on monetary policy, but they do underline that higher social spending is... 18th December 2020 · 6 mins read
Emerging Europe Economics Weekly Turkey sanctions threat, EU compromise, CEE inflation The possibility of the US and EU imposing sanctions on Turkey has increased this week and a further escalation of tensions could undermine the gains from the recent shift to more orthodox economic... 11th December 2020 · 8 mins read
Emerging Europe Economics Weekly EU Budget, Russia vaccinations, Romania elections Leaders in Hungary and Poland appear unwilling to back down over their EU budget veto, but threats by EU officials to circumvent them entirely may make a compromise more likely. President Putin’s... 4th December 2020 · 5 mins read
Emerging Europe Economics Weekly Virus outbreaks, CBRT’s shift seems to be the real deal There are encouraging signs that virus outbreaks in Central & Eastern Europe have passed the worst, which has allowed restrictions to be eased in some countries and activity to recover. Meanwhile... 27th November 2020 · 9 mins read
Emerging Europe Economics Weekly EU budget problems, CBRT delivers tightening The decisions by Poland and Hungary this week to veto the EU budget and recovery fund brought to a head a conflict about the rule of law that threatens to suspend EU funds. There's a lot at stake... 20th November 2020 · 5 mins read
Emerging Europe Economics Weekly Vaccine hopes, Czech outbreak easing, Turkey’s policy shift? With most of Emerging Europe struggling to contain virus outbreaks and with the number of deaths still on the rise, news of a potential vaccine breakthrough this week is hugely encouraging. While... 13th November 2020 · 7 mins read
Emerging Europe Economics Weekly US election risks, region braces for another lockdown Joe Biden’s chances of securing the US presidency are rising and it looks like there will be a divided government in the Senate. The ruble has appreciated since the election, but the risk of tighter... 6th November 2020 · 7 mins read
Emerging Europe Economics Weekly Lira sell-off adds pressure on the CBRT, protests in Poland Last week's decision by Turkey's central bank to tweak the interest rate 'corridor' has come back to bite hard with the lira falling sharply this week. This has raised talk that policymakers may be... 30th October 2020 · 9 mins read
Emerging Europe Economics Weekly Russia’s recovery stalls, region headed for a downturn in Q4 Russia’s economy lost steam at the end of Q3 amid a contraction in consumer spending and the next stage of the recovery will be harder given the hit to incomes, weak investment and tight fiscal policy... 23rd October 2020 · 6 mins read
Emerging Europe Economics Weekly Czech COVID-19 surge, Turkey’s current account problems The Czech government this week announced a further tightening of containment measures in an effort to control the surge in COVID-19 cases which will cause economic activity to continue to soften. In... 16th October 2020 · 8 mins read
