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Government may water down Greek pension reform

Location:

GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Poland's economic outlook will be uncertain under PiS

Location:

POLAND

Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…

Government should pass referendum test in Uruguay

Location:

URUGUAY

President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…

Deteriorating external environment is main Greek risk

Location:

GREECE

ND development plan.

Economic orthodoxy will face challenges in Argentina

Location:

ARGENTINA

The 2021 budget implies a significant fiscal adjustment, with the primary deficit falling from 7-8% of GDP in 2020 to 4.5% in 2021, mainly due to the end of the pandemic relief…

Greek coalition will start to fray in late 2018

Location:

GREECE

The coalition government of left-wing Syriza and right-wing nationalist Independent Greeks (Anel) significantly lags behind the conservative opposition New Democracy (ND) party in…

Puerto Rico debt reduction plan moves toward approval

Location:

PUERTO RICO

The Board has now argued the case for federal endorsement of this latest version of the plan before the judge overseeing the process. The process has taken four years to reach…

Post-pandemic recovery will be protracted in Peru

Location:

PERU

Peru’s previously buoyant economy has been badly affected by the COVID-19 pandemic, contracting by around 13.38% in the first ten months of this year. Investment has been hit, as…

Puerto Rican debt restructuring will see legal hurdles

Location:

PUERTO RICO

The same day saw the release of a report, authored by former IMF economists, outlining a programme of structural reform and sweeping debt restructuring. Puerto Rico has seen its…