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Macedonian deal could upset Greece’s bailout exit

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GREECE

This is almost certainly the last Eurogroup before Greece’s third economic adjustment programme terminates on August 20. Both sides seek an orderly phase-out so that what has…

Prospects for Venezuela in 2018

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PROSPECTS 2018

Prospects for Venezuela in 2018.

Third Greek bailout may founder without compromise

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GREECE

Prime Minister Alexis Tsipras has reshuffled his cabinet to include ministers more accommodating to creditor demands. He is intent on concluding the second review rapidly in…

Ghana may loosen purse strings after debt deal

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GHANA

The announcement thereby removes one of the last major obstacles standing in the way of a comprehensive debt resolution for the country.

Ghana's repayment moratorium may complicate debt talks

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GHANA

The decision applies to Ghana’s Eurobonds, commercial term loans and most of its bilateral debt. It does not apply to multilateral debt. The government, which reached a…

Greek coalition will play politics at debt talks

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GREECE

The government, with half an eye on a snap election, is determined not to accede to prolonged austerity without the trade-off of significant debt relief. Timing is all. The…

'Mercenary' arrests derail Belarus-Russia ties again

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BELARUS/RUSSIA

In recent months, Lukashenka has repeatedly argued that Moscow is working to unseat him at the August 9 polls. A trade and debt deal last month made progress on important energy…

Argentina's domestic woes dictate diplomatic prudence

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ARGENTINA

Fernandez is currently focusing diplomatic efforts on garnering support for a major debt restructuring proposal which is to be launched next month and requires the backing of the…