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Nigerian economic plan will sidestep difficult choices

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NIGERIA

Recently, the IMF published its annual country surveillance report on Nigeria, which warned of serious consequences from “insufficient” policies proposed in the government’s newly…

Hungary's return to investment grade is likely in 2016

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HUNGARY

Moody's, another agency which also rates Hungary one notch below investment grade, has just raised its outlook on Hungary's rating to 'positive' from 'stable'. Hungary's…

Petrobras Brazil plan opens more queries than answers

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BRAZIL

The outlook for Petrobras.

Western Balkans might seek new relationship with EU

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BALKANS

Non-economic priorities such as nation-building and partisan political interests have often shaped large developmental projects in the Western Balkans, facilitated by…

Gas deals will not solve Mozambique's multiple crises

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MOZAMBIQUE

Mozambican political crises.

Shifts elsewhere could build up Polish policy doubts

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POLAND

Poland's rating, therefore, remains at A2, despite persistent concerns about the policies of its one-year-old nationalist government, in particular, the threats to the…

Another rating upgrade is likely for Hungary soon

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HUNGARY

Hungary thereby regains investment-grade status, albeit at the lowest level, from being downgraded to 'junk' because of doubts about the government's policies and the high public…

Bailout policies will raise Greek taxpayer's burden

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GREECE

Tax arrears are expected to rise to 95 billion euros (106 billion dollars) by year-end following the introduction of new taxes. An ever-rising tax burden is encouraging evasion…

Rome-Brussels confrontation to go beyond 2019 budget

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ITALY/EU

That plan -- sent to the Commission on October 15 -- encompasses a significant fiscal easing. The Italian government must reply by October 22.

ECB to stay dovish despite ending its QE programme

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EU

Fears of Europe's financial fragility are rising after the ECB ended its quantitative easing (QE) programme in December. The programme -- which lasted almost four years -- bought…