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Inflation and deficits may upset Hungary’s economy

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HUNGARY

Hungary’s inflation rate was the EU’s highest in spring 2021. Spending promises and tax cuts ahead of elections due by spring 2022 are widening the budget deficit. Prime…

Georgian Dream is beleaguered but may win again

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GEORGIA

The ruling Georgian Dream party faces a more united opposition and mounting pressure from US and EU partners. Economic challenges are increasing as inflation rises, wages remain…

IMF unlikely to resolve Zambia's debt conundrum

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ZAMBIA

While the G20's new Common Framework for Debt Treatments provides a new mechanism for debt restructuring, it also requires Zambia to convince the IMF that it has disclosed all of…

Hungary’s pandemic measures will entrench ruling party

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HUNGARY

While the government's communications focus on how to stop the pandemic and make the economy more resilient, some of its recent spending decisions seem unrelated to tackling…

Conflict and pandemic disrupt Armenian reform momentum

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ARMENIA

The intensity of the clashes, now in their third day, heightens the risk of full-scale war with Azerbaijan. Pashinyan is committed to defending Armenian-controlled Karabakh…

Paraguay's COVID-19 response may lose initial lustre

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PARAGUAY

The impact of COVID-19.

Congo’s Ebola response faces critical juncture

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CONGO-KINSHASA

The Ebola response in the Democratic Republic of the Congo.

South African lockdown easing will only do so much

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SOUTH AFRICA

President Cyril Ramaphosa, who had been under escalating pressure from business and organised labour to reopen the economy fully, justified the relaxation by citing reductions in…

Ukraine battles virus, political and default risks

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UKRAINE

As well as causing economic and business disruption, the crisis has virtually put the political process on hold. Parliament is holding occasional sessions to pass urgent…

Central America elections pose risks of unrest

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CENTRAL AMERICA

Campaigning will be muted, as the impacts of the COVID-19 pandemic will constrain public events. Government handling of the crisis will be a consideration for voters, alongside…