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Climate finance will grow but huge challenges persist

Location:

INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

State asset sales will boost Romanian capital market

Location:

ROMANIA

The sale is the largest initial public offering (IPO) in Europe this year and the largest on the Bucharest Stock Exchange (BVB). It has attracted new investors and increased…

Romania will boost its nuclear industry

Location:

ROMANIA

The two reactors will add 1,440 megawatt (MW) capacity to the Romanian grid. The upgrade, and associated development of domestic nuclear fuels and waste management, promises to…

Hurricane Otis will have lasting impact in Mexico

Location:

MEXICO

It was the most formidable Pacific storm to hit Mexico in at least 30 years, and took both the government and the population largely by surprise. Disaster risk analysis firm Enki…

French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

South-eastern Europe will focus on cross-border links

Location:

GREECE/BULGARIA/ROMANIA

The EU seeks to improve connectivity among its members and partners in South-eastern Europe, with added impetus since the invasion of Ukraine. Improved cross-border connections…

Biden will stress regional economic development work

Location:

UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Hungary will struggle to mend its fiscal woes

Location:

HUNGARY

This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…