Poland may lose $2.16 bn due to US tariffs on European goods: PM Tusk
Preliminary estimates show Poland may lose around 8 billion zlotys (~$2.16 billion) due to new US tariffs on…
Euro area gains ground externally, IMF cautions on imbalances
The euro area posted a moderately stronger external position in 2024, supported by a rebound in its current…
Turkiye’s central bank cuts key interest rate by 3 pps to 43%
Turkiye’s central bank (CBRT) yesterday cut its key interest rate by three percentage points to 43 per cent.…
UK’s external position weakens amid strong pound: IMF
The UK’s current account (CA) deficit widened to 2.7 per cent of GDP in 2024, underscoring structural imbalances…
India urged to liberalise FDI, reduce trade barriers: IMF
The International Monetary Fund (IMF) has recommended India to reduce import restrictions, particularly on intermediate goods, and liberalise…
Dutch economy faces trade tensions, elevated inflation: IMF
The Dutch economy is currently grappling with multiple challenges, including rising trade tensions and domestic policy uncertainty, according…
France’s real GDP growth is projected to slow to 0.6% in 2025
France’s real GDP growth is projected to decelerate to 0.6 per cent in 2025, down from 1.1 per…
Portugal inflation rises to 2.4% in June 2025
Portugal’s annual Consumer Price Index (CPI) rose to 2.4 per cent in June 2025, up from 2.3 per…
Bulgaria to become 21st euro area member from January 2026
The Council of the European Union has formally approved Bulgaria’s accession to the euro area, with the transition…
Germany’s GDP expected to decline 0.2% in 2024: Bundesbank
Germany’s calendar-adjusted real gross domestic product (GDP) in 2024 is expected to decline 0.2 per cent, and to…
IMF offers Sri Lanka immediate access to $350 mn
Though Sri Lanka’s economic outlook remains positive, global trade policy uncertainties pose significant risks to its macroeconomic and…
Euro area inflation expectations ease in May: ECB survey
Inflation expectations in the euro area moderated in May. The median perceived inflation rate over the past 12…