Europe
Stagflation is a risk in the euro-area this year
The European Commission has reduced its forecasts for both GDP growth and inflation this year
EUSame-sex marriage law will not hurt Greek ruling party
The Orthodox Church’s intervention has failed to prevent a cross-party majority for equalising same-sex marriage rights
GreeceRight are slight favourites ahead of Portugal election
The election on March 10 could bring an end to almost a decade of centre-left rule
PortugalECB and Fed to delay rate cuts to sustain disinflation
The timing of the US/EU policy pivot to rate cuts is uncertain; rising euro-area expectations and wages raise concern
InternationalUkrainian military reshuffle is a gamble for Zelensky
President Zelensky dismissed General Valery Zaluzhny as the commander-in-chief of the country’s armed forces last week
UkraineRussian gas sales to Europe may fall further next year
The EU has indicated that it will not extend the Ukraine gas transit agreement that expires later this year
RussiaUK GDP will struggle to grow much in first-half 2024
The economy fell into recession in the last quarter of 2023 and grew by just 0.1% in the year as a whole
United KingdomEU sets out ambitious carbon management strategy
The European Commission has proposed that the bloc captures at least 450 million tonnes of carbon annually by 2050
EU
