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Haiti’s political crisis weighs on economic growth

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HAITI

Widespread political turmoil has prevented elections to choose new representatives and senators, as well as the approval of a budget. Protests against poverty and corruption have…

Jordan’s stalled economy risks rising social tensions

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JORDAN

The economy faces chronic problems of low growth, joblessness and declining living standards, resulting in periodic protests. Its heavy dependence on foreign aid, especially from…

Jordan’s debt levels are sustainable for the present

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JORDAN

Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…

Moldova's real economy faces recession

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MOLDOVA

Moldova's economic crisis.

Lebanese economy on course for muted recovery in 2015

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LEBANON

According to its Global Economic Prospects report, the bank forecast a modest increase in GDP growth in 2015 to 2.0%, up from an estimated 1.5% in 2014. Since 2011, the economy…

Growth may accelerate under new Slovak government

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SLOVAKIA

The governing coalition has a comfortable parliamentary majority, but faces gathering concerns over Prime Minister Robert Fico's health, teachers' protests over wages and…

Politics clouds Central Europe’s short-term outlook

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CENTRAL EUROPE

Last year ended dramatically, with the European Court of Justice (ECJ) ordering the Polish government to suspend its reform of the Supreme Court, and the European Commission…

Beirut may miss out on brighter growth prospects

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LEBANON

The wage scale law was cast into question when a contentious tax hike law intended to fund it was annulled by the Constitutional Council on September 22, partly on the grounds…

French government faces a difficult fiscal dilemma

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FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Oman and Bahrain are the most vulnerable Gulf states

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BAHRAIN/OMAN

Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.