Bloomberg Poland will prolong measures aimed at cushioning the impact of rising cost of gasoline and food on consumers, Prime Minister Mateusz Morawiecki said, as the country battles the highest inflation in more than two decades. The economy will need to bear the cost of sanctions against Russia, Morawiecki said, after the war in Ukraine led to a surge ...

  Bloomberg Germany’s federal government may need higher net borrowing on top of the 99.7 billion euros ($109 billion) already programmed for this year due to the uncertainty over the economic outlook caused by Russia’s invasion of Ukraine. The country’s finance ministry is pursuing a supplementary budget to account for the potential impact of the war, according to two senior ...

Bloomberg Norway needs to rein in budget spending to prevent a sudden slowdown of an economy that is now booming, Finance Minister Trygve Slagsvold Vedum warned. A potential overheating could lead to “even faster interest rate tightening than the Norges Bank has already signalled,” the finance ministry said in a statement on Monday ahead of the government’s conference on next ...