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Italy's rejection of ESM reforms will continue

Location:

EU/ITALY

Reforms to the ESM, which is the EU’s main bailout fund, were agreed by member states in 2021 but implementation has been halted by Italian opposition. The vote exposed divisions…

More Colombian state intervention in health is likely

Location:

COLOMBIA

The same day, the government ordered an administrative intervention into one of Colombia’s largest private healthcare providers (EPSs), EPS Sanitas, citing financial mismanagement…

Tunisia's economic challenges show no sign of abating

Location:

TUNISIA

The economic situation is challenging: unemployment was 16.4% in the fourth quarter of 2023, and work and business opportunities are limited. The government has avoided a debt…

Germany will struggle to meet its defence objectives

Location:

GERMANY

The target will be met through the regular budget and the EUR100bn (USD104bn) special defence fund, which is due to be exhausted by the end of 2027. There is no cabinet consensus…

Belgium assumes EU presidency at a crucial time

Location:

BELGIUM

Belgium’s priorities include: agreeing a Single Market Emergency Instrument (SMEI), to equip the EU to deal with future crises such as a new pandemic; establishing a stable…

Mexico candidates’ economic plans are overly ambitious

Location:

MEXICO

Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…

Reforms are unlikely to fix the EU’s migration puzzle

Location:

EU

The reforms will give member states more powers to reject and deport refugees, while also providing but not mandating ways to strengthen burden-sharing among member states…

Iran will temporise over the broken pensions system

Location:

IRAN

The country’s system of pension funds has long been close to bankruptcy, but awareness of the urgency of the issue has increased over the past year. Nonetheless, proposed pension…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Egypt will focus on boosting industrial output

Location:

EGYPT

Stabilisation measures implemented with Gulf assistance this year have created a platform for manufacturing growth. If this can be directed to boost manufactured exports, it would…