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Meloni's Budget Plans Worry Scope as ECB Policy Squeezes Italy

Meloni's Budget Plans Worry Scope as ECB Policy Squeezes Italy
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The economies of central and eastern Europe (CEE) have continued to rebound ► FINCHANNEL

The FINANCIAL The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings. Scope expects broad-based, if uneven, economic expansion in the 11 EU member countries of the region (CEE-11) to continue, marking aggregate growth of 4.6% in 2022 – albeit slower than a 5.6% expansion this year. Outside the EU, Russia similarly grows a more moderate but nevertheless above-potential 2.7% next year, after 4.5% this year. Turkey slows sharply to 2.3% in 2022, after 10.8% in 2021, while Georgia normalises toThe FINANCIAL The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings. Scope expects broad-based, if uneven, economic expansion in the 11 EU member countries of the region (CEE-11) to continue, marking ag ....

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