Emerging Europe Economics Weekly Central Europe’s resilience, Polish inflation overshoots The April survey data for Central Europe published this week suggest that the region is weathering the early effects of the Iran war better than the euro-zone. But the surveys also point to a sharp... 1st May 2026 · 6 mins read
Emerging Europe Economics Weekly Hungary’s cabinet, political turmoil, Q1 GDP Hungary’s incoming Tisza government has made positive steps with the announcement of key cabinet posts, including foreign and finance ministers. Political developments elsewhere in the region provide... 24th April 2026 · 6 mins read
Emerging Europe Economics Weekly Hungary votes for change The macroeconomic impact of the landslide Tisza victory in Hungary is most likely to materialise over the medium term. More immediately, expectations for improved credibility policy and renewed access... 17th April 2026 · 6 mins read
Emerging Europe Economics Weekly Orbán’s sternest challenge Hungary’s parliamentary election on Sunday could bring an end to PM Orbán’s 16-year rule and usher in a shift to a more market-friendly and EU-aligned government. But there’s still a lot of... 10th April 2026 · 7 mins read
Emerging Europe Economics Weekly Policymakers look to cushion the energy price shock The policy support measures announced by governments in Central and Eastern Europe to cushion households from higher energy prices should help to limit the rise in inflation over the coming months... 2nd April 2026 · 8 mins read
Emerging Europe Economics Weekly New outlook, Turkey FX reserves, Russia’s fiscal boost The early signs suggest that the Iran conflict and surge in energy prices have had only a limited impact on activity across Emerging Europe so far. But balance of payments pressures are building in... 27th March 2026 · 7 mins read
Emerging Europe Economics Weekly Central banks on the sidelines, will Orbán go? Communications from central banks in the region suggest that the uncertainty from the Iran war will prompt them to stand pat for the time being, but strong underlying price pressures mean that... 20th March 2026 · 7 mins read
Emerging Europe Economics Weekly Headaches for central banks If the conflict in the Middle East causes energy prices to rise further – and for a prolonged period – policymakers in Emerging Europe are probably going to be more inclined to raise rates than those... 13th March 2026 · 7 mins read
Emerging Europe Economics Weekly Energy windfall for Russia & woe for Turkey Russia is a beneficiary from the conflict in the Middle East due to the rise in energy prices and a likely rise in export volumes. But we don’t think this materially alters the growth outlook. The net... 6th March 2026 · 5 mins read
Emerging Europe Economics Weekly Four years of war takes its toll Four years of war have made Russia’s economy look increasingly fragile. Capacity constraints are biting and vulnerabilities are growing in the banking sector. Still, the economic cost of the war... 27th February 2026 · 6 mins read
Emerging Europe Economics Weekly BoI meeting amid Iran tensions, CEE rates, Rubio’s visit Data out of Israel over the past week have increased the probability that the Bank of Israel (BoI) will cut interest rates at its meeting next Monday, but the decision may depend on how tensions with... 20th February 2026 · 7 mins read
Emerging Europe Economics Weekly Ukrainian elections? Tisza manifesto, Romania GDP Reports this week suggest that Ukraine has started to plan for elections and a referendum on a peace agreement, but most opinion polls suggest Ukrainians won't be supportive of an agreement that cedes... 13th February 2026 · 5 mins read
Emerging Europe Economics Weekly Russia-India energy relations, Turkey CPI, CEE rates We are sceptical that India will fully curtail its oil imports from Russia as part of the US-India trade deal announced this week, but even a partial scaling back of purchases could add to strains in... 6th February 2026 · 5 mins read
Emerging Europe Economics Weekly Security guarantees “with strings", dovish central banks Reports this week suggest the US has made the offer of security guarantees for Ukraine conditional on territorial concessions to Russia. The macro implications will depend on how credible those... 30th January 2026 · 10 mins read
Emerging Europe Economics Weekly Orbán’s playbook, Greenland saga, Bulgarian election Hungarian Prime Minister Viktor Orbán is returning to the familiar playbook of loosening fiscal policy ahead of the election in April. Any signs that a widening in the budget deficit will be sustained... 23rd January 2026 · 7 mins read
Emerging Europe Economics Weekly Iran spillovers, CEE activity, Russian inflation spike The spillover effects for economies in Emerging Europe from the protests in Iran this week will largely depend on how commodity prices move. From a political standpoint, the protests are another blow... 16th January 2026 · 7 mins read
