Announcements
Drinks
2/10/2024 Research EN
Germany: demographic challenges require reforms amid political fragmentation
Germany is facing severe demographic challenges with more acute structural pressures than other advanced economies. Labour-market and pension reforms are essential, but fragmented politics risks eroding the country’s competitiveness.
27/9/2024 Research EN
Türkiye: tight monetary policy drives disinflation, eases external liquidity pressures
Türkiye’s restrictive monetary policy continues to drive disinflation, bolster external accounts and replenish official reserves, improving the country’s long-term credit outlook despite persistently high inflation and a wide budget deficit.
24/9/2024 Research EN
Europe: narrowing the growth gap with the US by boosting resilience in southern Europe
Mario Draghi has reminded European policy makers of the critical need to regain economic ground lost to the United States, but the gap is less wide than it first appears, with the challenges of resilience and productivity concentrated in southern Europe.
16/9/2024 Research EN
The Draghi report: political stalemate and Europe’s productivity gap curb growth outlook
Political deadlock in Germany and France limits the prospect of implementing fundamental reforms proposed by the Draghi report, which, together with Southern Europe’s productivity gap, challenges Europe’s growth outlook.
12/9/2024 Research EN
Belgium: stable government and policy coordination key for budget consolidation
Belgium’s next federal government could become better aligned with the provincial administrations in Wallonia and Flanders, improving the prospects for reducing the budget deficit and stabilising public debt.
5/9/2024 Research EN
France: political uncertainty weighs on public finances and funding conditions
Political uncertainty, a challenging fiscal outlook, and the rising divergence in funding conditions between France and other core euro area sovereign borrowers underscore the importance for political stability and reform efforts to reduce the deficit.
4/9/2024 Research EN
Germany: regional elections raise concerns about sustained political gridlock, economic growth
Electoral success of populist far-right and far-left parties in Thuringia and Saxony highlights Germany’s fragmenting political landscape as mainstream parties lose ground. Looming policy uncertainty could delay regional budgets and slow economic growth.