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Greek firms will struggle whether ‘competitive’ or not

Location:

GREECE

The controversy over declining competitiveness.

Algeria elections may not bring economic recovery

Location:

ALGERIA

The new parliament could provide an opportunity for a review of Algeria’s economic policy options. The previous legislature was constrained by the fact that it had been elected…

Ukraine heads for sustained if slow growth

Location:

UKRAINE

The economy has stabilised after emerging from crisis and GDP is rising, although not at anything like the pace needed to make up for the 2014-15 recession. The government's…

Greek economy could slip into recession again

Location:

GREECE

Greece’s stagnating economy.

Vietnam hopes foreign investors can kick-start economy

Location:

VIETNAM

The government targets 3.0-3.5% GDP growth this year, up from 2.9% in 2020 and despite a nearly 6.2% year-on-year contraction in July-September. A key factor in the fall was the…

Tourism reopening will ease Bhutan’s economic strains

Location:

BHUTAN

The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Colombia’s economy will begin to recover in 2021

Location:

COLOMBIA

This partial revival, fuelled by an increase in household consumption, nevertheless fell short of offsetting the devastating effects of the strict COVID-19 lockdown measures…

Turkey’s tourism revival will be gradual at best

Location:

TURKEY

Risks to Turkey as a low-cost tourist destination.

Kazakh government will try to moderate oil reliance

Location:

KAZAKHSTAN

Kazakh economic update.