EU
Chinese EV investment runs risks in Hungary, Slovakia
Poland and Czechia are much less exposed to China than Hungary and Slovakia in their transitioning to EV manufacture
Eastern EuropeECB will be cautious about cutting rates too early
Headline inflation rose from 2.4% to 2.9% in December as energy price falls stabilised and services prices picked up
EUItaly’s opposition to the ESM will persist
Italy’s government has reiterated its opposition to reforms to the European Stability Mechanism
ItalyEU tech controls on China will not toe US line
European officials view trade and technology links with China as increasingly sensitive
EUPMIs signal services bottoming out above manufacturing
UK and euro-area services PMIs point to services gradually recovering after a shallow downturn
EUDutch chip move against China will not end EU-US rift
The Dutch government has barred semiconductor manufacturer ASML from selling two advanced lithography systems to China
NetherlandsKosovo’s government and business fear mass EU exodus
The extension to Kosovars of the right to visa-free access to the Schengen zone has not been welcomed everywhere
KosovoEurope’s long manufacturing downturn will last longer
Europe’s latest manufacturing PMIs indicate that the long downturn will persist
EU