Blog posts tagged by tag: Portugal
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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?
Top Posts
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Will Italy be the first target of the ECB’s new anti-fragmentation tool, the TPI?
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What does the U.S.-China tussle over Taiwan mean for the global economy?
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Why does Latin America have a growth problem?
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Why is OPEC struggling to raise oil output?
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Fed hikes rates: How high will rates go in 2022?
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Why is Eastern Europe’s economic outlook improving?
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Why is inflation so low in Japan?
Featured Posts
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Will Italy be the first target of the ECB’s new anti-fragmentation tool, the TPI?
-
What does the U.S.-China tussle over Taiwan mean for the global economy?
-
Why does Latin America have a growth problem?
-
Why is OPEC struggling to raise oil output?
-
Fed hikes rates: How high will rates go in 2022?
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The Euro area’s labor market: A bright spot on a gloomy horizon
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Are we heading for an emerging market debt crisis?
Twitter @FocusEconomics
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MENA's regional growth is set to pick up pace this year. In oil exporting countries, higher OPEC+ quotas on average… https://t.co/mCrWgrB7br
6 hours ago
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Our panel of analysts again revised their Q4 2022 energy price forecasts slightly downward this month due to dimini… https://t.co/J5LtQPblIo
3 days ago
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The announcement of a new policy tool, the TPI, accompanied the ECB’s hawkish turn in July. Our newest insight piec… https://t.co/XNEQfxf3PZ
6 days ago
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The Euro Area economy expanded at a faster pace in Q2. The economy grew 0.6% in seasonally-adjusted quarter-on quar… https://t.co/mke3sYue6l
1 week ago
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Inflation in G7 economies will increase this year on higher commodity prices. That said, inflation will ease notabl… https://t.co/cC4Px5Trbx
1 week ago
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