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Small parties are key to averting El Salvador default

Location:

EL SALVADOR

Fiscal crisis in El Salvador.

Iceland capital controls exit could set precedent

Location:

ICELAND

The island is on track to start receiving early this year the 'stability contribution' that creditors of its three large failed banks have agreed to pay in return for regaining…

South Africa's ratings reprieve masks more fiscal woe

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SOUTH AFRICA

The decision of the three rating agencies not to downgrade is a welcome reprieve for Pretoria after months of uncertainty and severe fluctuations in the value of the rand. South…

Brexit will accentuate global market distortions

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INTERNATIONAL

Outlook for post-Brexit markets.

Baha Mar delays raise fiscal risks for The Bahamas

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BAHAMAS

The impact of the Baha Mar development's travails.

Cypriot bank consolidation may help reduce bad loans

Location:

CYPRUS

The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…

Commodity woes and drought will hit Mozambique growth

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MOZAMBIQUE

Economic outlook for Mozambique.

Opportunity opens for new Greek government bond issues

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GREECE

Greek debt’s improving attractiveness.

Poland's pension reform may undermine public finances

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POLAND

The zloty resumed a depreciating trend on July 4, following the announcement of radical pension reform by Development Minister Mateusz Morawiecki. A combination of investor…

Slower Polish growth may upset 2019 budget targets

Location:

POLAND

With a two-year electoral cycle getting under way, the PiS government may be tempted to increase social spending. The stronger-than-expected economic outturn in the first half of…