The Democratic Party of Socialists (DPS) retains a dominant role following its victory in a pre-term election in October 2012 and the May 2014 local elections, but faces an increasingly restive opposition.
The government is under external pressure to bring about fiscal consolidation. However, the budget deficit will remain in excess of the EU's mandated ceiling of 3% of GDP in 2016.

Summary 7

Basic data 8

Political structure 9

Economic structure 10

Annual indicators 10

Comparative economic indicators 11

Outlook for 2015-16 12

Political outlook 12

Democracy index 13

Economic policy outlook 15

Economic forecast 16

Recent analysis 20

Politics 20

Economy 23

International assumptions summary 16

Forecast summary 18

Gross domestic product 19

Consumer price inflation 19

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