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However, the unexpected downgrade of Poland by Standard & Poor's (S&P) on January 15 has focused attention on the financial and economic policy stance of the Law and Justice (PiS…
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DOI: 10.1108/OXAN-DB208166
ISSN: 2633-304X
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Speaking before Congress on February 13, Guzman said Argentina had the willingness but not the ability to repay debt. He proposed a gradual path to a balanced budget, to be…
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DOI: 10.1108/OXAN-DB250693
ISSN: 2633-304X
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On March 12, Griesa rejected Citibank's petition that its Argentine branch be allowed to make an interest payment falling due on March 31 on dollar-denominated bonds issued under…
Euro-area unity.
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DOI: 10.1108/OXAN-DB251718
ISSN: 2633-304X
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Russia's exclusion from international financial markets presents high risks to macroeconomic stability in the short and longer term. Sovereign rating downgrades to 'junk' indicate…
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DOI: 10.1108/OXAN-DB268127
ISSN: 2633-304X
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This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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Impact investment.
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DOI: 10.1108/OXAN-DB245705
ISSN: 2633-304X
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Debt markets have failed to pressure Argentina to end the impasse with holdouts, with the government arguing that it could not offer them new terms without offering similar…
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DOI: 10.1108/OXAN-DB195799
ISSN: 2633-304X
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Mitsotakis government’s first moves.