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ONE metaphor for our age is that change and disruption are increasingly frequent and unpredictable. This is true of the UK, politics and the nature… ....
The economic impact of Russia’s war in the Ukraine will cut growth rates in half this year across central and eastern Europe and push inflation towards 10%. Extra ECB liquidity and direct EU support soften the economic blow for the region. ....
The FINANCIAL The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings. Scope expects broad-based, if uneven, economic expansion in the 11 EU member countries of the region (CEE-11) to continue, marking aggregate growth of 4.6% in 2022 – albeit slower than a 5.6% expansion this year. Outside the EU, Russia similarly grows a more moderate but nevertheless above-potential 2.7% next year, after 4.5% this year. Turkey slows sharply to 2.3% in 2022, after 10.8% in 2021, while Georgia normalises toThe FINANCIAL The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings. Scope expects broad-based, if uneven, economic expansion in the 11 EU member countries of the region (CEE-11) to continue, marking ag ....