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1 – 10 of 15Despite exchange rate stabilisation in the last two months, the country risk premium had remained above 800 basis points since early April, reaching a peak of 1,008 on June 3…
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DOI: 10.1108/OXAN-DB244950
ISSN: 2633-304X
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Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…
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DOI: 10.1108/OXAN-DB272411
ISSN: 2633-304X
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Prospects for Argentina in 2020.
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DOI: 10.1108/OXAN-DB247769
ISSN: 2633-304X
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Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…
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DOI: 10.1108/OXAN-DB270291
ISSN: 2633-304X
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The reforms will allow the release of fresh funding for banks and a bridging loan to meet debt obligations to the IMF and ECB. A quarter of Syriza deputies rebelled, but…
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DOI: 10.1108/OXAN-DB201042
ISSN: 2633-304X
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The likelihood of financial contagion from Greece.
The Bank of Ghana (BoG) has bought up unprecedented levels of treasury bonds but now wants to scale back its role. Finance Minister Ken Ofori-Atta is looking to international…
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DOI: 10.1108/OXAN-DB259784
ISSN: 2633-304X
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It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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The bill forecasts a fall in the primary deficit next year, mainly due to an expected drop in COVID-19-related welfare payments. The government also aims to boost public works to…
However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…