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Middle East and North Africa will lead tourist rebound

Location:

MIDDLE EAST/NORTH AFRICA

The Middle East has been a key market in the post-pandemic rebound in global tourism, boosted by one-off events in the Gulf Cooperation Council (GCC) in 2022. GCC states are…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Portugal’s stable economic performance should continue

Location:

PORTUGAL

Portugal's economic outlook.

Morocco can get through COVID-19 and drought shocks

Location:

MOROCCO

This follows an earlier downgrade from Fitch. Morocco’s principal exports -- automotive, phosphates and tourism in particular -- are vulnerable to global market volatility…

Greece's more competitive economy may turn to exports

Location:

GREECE

Signs of resilience in the Greek economy.

Greek positive turn would attract investor interest

Location:

GREECE

Post-bailout investor sentiment towards Greece.

Risk of Greek euro exit has risen but is still small

Location:

GREECE

The prospects for Greek departure from the euro-area.

Egypt weathers COVID-19 blow but debt risks loom large

Location:

EGYPT

The IMF praised Egypt’s “resilience” to the COVID-19 shock and encouraged Cairo to maintain its focus on fiscal consolidation while broadening structural reforms -- mainly to ease…

Portugal faces emerging structural challenges

Location:

PORTUGAL

Outlook for Portugal.

Sri Lanka will try to manage debt without IMF help

Location:

SRI LANKA

The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…