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Polish banks to stay stable despite Swiss-franc ruling

Location:

POLAND

Banks had hoped to share with borrowers the at-least USD5bn cost of making provision for Swiss franc mortgages. These mortgages were common prior to 2008, due to low interest…

Turkish state banks’ use for policy may harm stability

Location:

TURKEY

State banks’ increased use as policy instruments.

Cuba to return to emergency economics

Location:

CUBA

The measure is part of Washington’s latest efforts to squeeze the Cuban economy and force a change of government in Havana. It comes on top of an already tense situation, as Cuba…

Colombia’s infrastructure expansion faces major delays

Location:

COLOMBIA

The claims follow the ANI’s announcement on February 22 that it would cancel the contract of an Odebrecht-led consortium to build the Ruta del Sol 2 highway, linking central…

Post-virus downturn could hurt Hungary’s government

Location:

HUNGARY

The pandemic has strengthened Prime Minister Viktor Orban’s position in the short term. However, the government has done little on the economic front; a conservative stimulus…

Politics clouds Central Europe’s short-term outlook

Location:

CENTRAL EUROPE

Last year ended dramatically, with the European Court of Justice (ECJ) ordering the Polish government to suspend its reform of the Supreme Court, and the European Commission…

Energy reform will hit investor confidence in Mexico

Location:

MEXICO

The government will appeal the rulings, which follow action by renewables firms. With constitutional battles over energy investments already unfolding, the future of Mexico’s…

EU will push for granting MES to China

Location:

INT/CHINA

If not offset by other changes, this will result in lower duties on Chinese imports found to have been dumped in the European market. Such a decision will be commercially…