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Russian economic gloom belied by benign debt outlook

Location:

RUSSIA

Russia's foreign and domestic debt position.

Romania aims to contain pandemic for December election

Location:

ROMANIA

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

External factors will slow Greek GDP growth next year

Location:

GREECE

The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…

Risks will outweigh recovery chances in Eastern Europe

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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…

Turkey’s recovering economy will lack resilience

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TURKEY

Turkey’s economic bounce-back.

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Sound finances will help Russia navigate dual shocks

Location:

RUSSIA

The collapse in commodity prices, above all oil, plus the impact of an extended lockdown have depressed Russia's exports, investment and consumption. The economic prospects could…

Romanian fiscal and external deficits will remain wide

Location:

ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Risks to the recovering Ukrainian economy will rise

Location:

UKRAINE

The economy has recovered somewhat from the one-third contraction in 2022 caused by Russia's invasion. Government spending, mainly on defence, dominates but agriculture has…

Morocco can get through COVID-19 and drought shocks

Location:

MOROCCO

This follows an earlier downgrade from Fitch. Morocco’s principal exports -- automotive, phosphates and tourism in particular -- are vulnerable to global market volatility…