Europe
High debts put onus on productivity to lift GDP growth
Advanced economies’ public debt ratios are the highest since 1948, but productivity growth is weak
InternationalPolish government will struggle to reform judiciary
Poland’s ruling coalition faces obstacles in its efforts to undo the previous government's judicial reforms
PolandFrench result will likely boost far-right’s prospects
France’s legislative elections have resulted in a hung parliament, with the left the largest bloc
FranceHungary’s Orban will burn some bridges to build others
Hungarian Prime Minister Viktor Orban’s shuttle diplomacy to promote ‘peace’ draws the EU’s ire
HungaryNew UK leader will struggle to address voter concerns
Keir Starmer is the new UK prime minister after his Labour Party obtained a huge majority in yesterday's election
United KingdomBosnian Serbs will take risks to evade US sanctions
The Republika Srpska assembly passed changes to an entity-owned bank, widely seen as an attempt to evade US sanctions
Bosnia-HercegovinaFood prices have likely entered a higher ‘new normal’
World food prices continued to ease in June, led by cereal and meat, although remain far above 2013-18 levels
InternationalNorth Macedonia’s government may fail to keep promises
The incoming nationalist-led cabinet announced major economic and rule of law reforms
North Macedonia