The macroeconomic imbalances in the economies of the European Union member states are improving slowly but surely. The survey on imbalances conducted by the European Commission assesses risks of another crisis.
The hidden public debt is important for the sustainability of public finances, both in Poland and in the world. The latest financial crisis and expanding a scope of state responsibilities have contributed to the global increase...
Many experts only focus on the negative phenomena of the Belarusian economy, and ignore the positive signals, which have become clearer in recent years and are worth noting.
In December 2018, the National Assembly of the Republic of Serbia adopted the state budget for 2019. The GDP growth is projected to be 3.5 per cent, and the budget deficit is estimated at 0.4 per cent of GDP.
The functioning of the Belarusian economy under President Alexander Lukashenko's rule has already surprised many economic experts in Western Europe. Many of them have no idea how the country achieved a budget surplus, which in...
Global economic growth have created conditions for reduction of public debt in 2017. The favorable external and internal conditions supported reduction of general government debt in Croatia in 2017.
In spite of the EU directive recommending the application of the fiscal rules and the supervision of the budget targets, in the years 2010-2016 only seven EU member states reduced their debt-to-GDP ratio.
Rapid devaluation of hryvnia, in spite of relatively stable macroeconomics, is a phenomenon puzzling Ukrainian economists. The IMF warns that deeper devaluation will lead to an increase in debt, which could leave the country on...
The Stability and Growth Pact says the EU countries have to maintain a fiscal deficit no higher than 3 per cent of the GDP and reduce their public debt below 60 per cent of the GDP. All the countries have decreased the fiscal...
The growth dynamics of foreign debt and the share of foreign investors in sovereign Polish debt has been unusually high in recent years.