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Greece may regain investment grade in 2023

Location:

GREECE

Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…

Oreskovic government in Croatia may prove short-lived

Location:

CROATIA

After protracted negotiations, Croatia, at last, has a government, comprising the conservative Patriotic Coalition -- the Croatian Democratic Union (HDZ), plus a few small parties…

Apathy will weaken Central African bloc's rescue plan

Location:

CENTRAL AFRICA

Central African Economic and Monetary Community (CEMAC) fiscal and monetary pressures

Inflation adds to political instability in East Africa

Location:

EAST AFRICA

National currencies have depreciated against the dollar, pushing central banks to act to restore price stability. Political instability has seriously dampened growth, and protests…

Zambia faces default despite bondholders’ reprieve

Location:

ZAMBIA

However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…

Indonesia will struggle to attain climate goals

Location:

INDONESIA

In July, it expressed optimism about achieving net-zero emissions by "2060 or sooner". This will require a phasing out of coal-fired power plants, currently the dominant source of…

The Spanish government faces difficult months ahead

Location:

SPAIN

Spain has been harder hit by rising prices than other EU states. The governing Socialist Party (PSOE) and Unidas Podemos (UP) have clashed over the appropriate response, with the…

Ukraine crisis will muddy eastern EU energy transition

Location:

EU

Higher energy prices and, as war rages in Ukraine, the politicisation of sources of supply are highlighting weaknesses, and some strengths, in the energy systems of the eleven…

Bet on Canada's spending poses risks for Trudeau

Location:

CANADA

It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…

Lower naira will not offset Nigerian recession risks

Location:

NIGERIA

Pressured naira.