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Water management poses long-term challenges in Panama

Location:

PANAMA

The situation has seen water levels drop significantly at Lakes Alhajuela and Gatun which supply water for more than half the population and the Panama Canal. Impacts on the Canal…

Panama’s economy is poised for dramatic rebound

Location:

PANAMA

Mining and quarrying activities (728%), construction (489%), hotels and restaurants (92%), transport and communications (29.8%) and trade (23.9%) were the main drivers of growth…

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…

Lifting COVID-19 measures may hit resilient eastern EU

Location:

EU

Available second-quarter data indicate a shallower recession in most of the eleven eastern EU member states (EU-11) than the rest of the EU in January-June. This may be due to a…

Brexit impact on UK trade will be clearer after COVID

Location:

UNITED KINGDOM

Brexit's direct impacts on goods trade are beginning to emerge. In sectors that rely on complex supply chains or are characterised by large capital investments, the full impacts…

Baltic fiscal prudence will return even with low debt

Location:

BALTIC STATES

Monthly output in Estonia started contracting from June. GDP (adjusted) stagnated in the first quarter of 2022, and contracted quarter-on-quarter in the following two quarters…

Cuba vaccine success could open major opportunities

Location:

CUBA

The vaccine is one of four being developed by Cuba, which aims to become a key international vaccine supplier, to enhance the strategic and economic impacts of its health…

Panama faces major fiscal and external challenges

Location:

PANAMA

Partial or complete lockdowns are taking a heavy toll on activity, with a pronounced impact on construction (down 70.5%), manufacturing (down 29.5%), hotels and restaurants (down…

Greek GDP will plunge despite latest stimulus package

Location:

GREECE

The speech set out the government’s economic policy guidelines for the remainder of 2020 and 2021, largely extending the package of fiscal measures in place since April 2020…

Guatemala’s economy is recovering but faces threats

Location:

GUATEMALA

An early reopening of the economy, unprecedented monetary and fiscal support and resilient remittances explain the relatively limited impact of the COVID-19 pandemic in 2020, when…