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EU agreement will increase concerns about Italian debt

Location:

ITALY/EU

EU-Italy tension.

Italy's Renzi will face critical tests before year-end

Location:

ITALY

This is a crucial step for the government before year-end, together with long-term banking issues and slowing economic recovery. The European Commission has allowed Italy…

Prospects for the global economy in 2016

Location:

PROSPECTS 2016

Prospects for the global economy in 2016.

Referendum 'no' vote could trigger crisis in Italy

Location:

ITALY

Renzi's government will fight two existential battles in the coming weeks: winning the constitutional reform referendum on December 4, and obtaining from the Commission the…

Anti-virus measures will hurt Greek economic revival

Location:

GREECE

In Greece, a country of 10 million people, 114 patients are in intensive care for COVID-19, of whom 35 are breathing through tubes (‘intubated’). The vulnerability of the…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Greek debt deal may split Syriza leading to elections

Location:

GREECE

After months of trying to abide by its election promises to end six years of austerity, the Syriza-led coalition government has capitulated to creditor demands and proposed 8…

Russia will prioritise rainy day reserves build-up

Location:

RUSSIA

While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…

Czech-Slovak rift may limit Visegrad effectiveness

Location:

CZECH/SLOVAKIA

The unprecedented move is the first rift since the two countries peacefully parted more than three decades ago. It came soon after the Visegrad Four (V4) of Czechia, Hungary…