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Clouds are building over Italy’s debt sustainability

Location:

ITALY

Italian debt sustainability.

Consumer debt risk becomes Russian political dilemma

Location:

RUSSIA

Rising consumer debt in Russia.

El Salvador faces risk of sovereign debt default

Location:

EL SALVADOR

High fiscal financing needs and an USD800mn external bond maturity in January 2023 increase the risk of default given the country’s limited access to financial markets. According…

Politicking could bring yet another Greek election

Location:

GREECE

The left-right coalition that governed in January-August has been reconstituted with a reduced parliamentary majority. It is ostensibly committed to the reform programme…

Mexico capital outflows point to investor uncertainty

Location:

MEXICO

The administration’s continuous attacks against certain private-sector interests, domestic and foreign, have also rattled investors, seemingly contributing to increased capital…

Beirut will need IMF support, despite political costs

Location:

LEBANON

This followed the government’s decision to default, for the first time ever, on bonds maturing on March 9. There is a mounting controversy over whether to seek financial support…

Creditors will monitor Greek social spending closely

Location:

GREECE

EU budget surveillance.

Further devaluation of Nigeria’s naira is likely

Location:

NIGERIA

This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…

Somalia faces long road to economic reconstruction

Location:

SOMALIA

Despite the government’s genuine efforts to implement policy reforms, low to non-existent institutional capacity will continue to impede the emergence of a more formalised…