The political reshuffle in Russia this week, in which Putin replaced the defence minister and gave more responsibility to a number of ministers in charge of the economy, suggests a greater focus on managing the growing trade-off between the war effort on the one hand and macroeconomic stability on the other. Meanwhile, the US import tariffs announced on Chinese EVs and lithium-ion batteries this week could create a gap for other suppliers to step in. That could provide a boost to Poland and Hungary, but we suspect it's likely to be small.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services