Slovakia

Vulnerability to Russia’s energy weapon may weigh on Slovakia’s economy next year, while wages fall behind inflation

Rising average and minimum wages in Central Europe seem to have fuelled high levels of inflation in a wage-price spiral

Party’s defection from coalition leaves minority government to deal with mounting energy crisis

Fragile leadership will tilt Slovakia’s long-term economic prospects further to the downside

Slovakia is experiencing a summer of political uncertainty with the government possibly falling in early September

Sudden closure of Nord Stream 1 would hurt Central European industry both directly and via manufacturing supply chains

Trying to keep prices in check, Central-East European countries will find it hard to end oil dependence on Russia

Central European governments respond with various measures against severe Ukraine-driven cost-of-living rises