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CEE Economic Outlook: Recovering Growth, Diverging Fiscal Paths, and Persistent Geopolitical Risks

CEE Economic Outlook: Recovering Growth, Diverging Fiscal Paths, and Persistent Geopolitical Risks
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Autonomous regions facing significant budget constraints

Jakob Suwalski and Giulia Branz (Scope Ratings) | Budget constraints faced by the autonomous regions make policy adjustments and new investments difficult. By

Spain: early elections potentially advantageous for economic prospects

Jakob Suwalski (Scope Ratings) | Prime Minister Pedro Sánchez's decision to call early elections is potentially advantageous for Spain's economic outlook

Different paths on pension reform in France and Spain lead to mixed results

Jakob Suwalski (Scope Ratings | France and Spain have enacted pension reforms this year to put their pension systems on a sounder financial footing and boost

Should Russian Banks Be Scared of SWIFT Disconnection?

Should Russian Banks Be Scared of SWIFT Disconnection? Talk of financial Armageddon should Russia be kicked out of the system may be overblown. Calls for Russia to be disconnected from SWIFT have grown in recent weeks. Alexander Demianchuk / TASS Ukraine has joined the chorus of voices calling for Russia to be disconnected from SWIFT the financial messaging network that underpins the global banking system. In a meeting with EU foreign ministers, Ukraine’s top diplomat Dmytro Kuleba said he had called for a tough new package of sanctions, including the expulsion of Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) network, which currently links more than 11,000 banks operating in at least 200 countries and territories around the world.

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