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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…
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DOI: 10.1108/OXAN-DB207502
ISSN: 2633-304X
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It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…
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DOI: 10.1108/OXAN-DB251995
ISSN: 2633-304X
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Small companies have been the most affected. Government programmes have supplied credit but struggled to channel funds to the neediest companies, especially at the beginning of…
Poland faces an uncertain second quarter, the economy having slowed to its lowest point since late 2012. Questions are being raised over the outlook for interest rates under new…
The government's scramble to revise its budget.
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DOI: 10.1108/OXAN-DB207961
ISSN: 2633-304X
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The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…
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DOI: 10.1108/OXAN-DB239337
ISSN: 2633-304X
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EMDC debt distress.
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DOI: 10.1108/OXAN-DB253173
ISSN: 2633-304X
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Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…
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DOI: 10.1108/OXAN-DB254775
ISSN: 2633-304X
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Chronic problems in the Belarusian economy.
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DOI: 10.1108/OXAN-DB208307
ISSN: 2633-304X
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Because the risk of sanctions was priced into Russian bond prices and the ruble exchange rate, the market reaction to the measures announced on April 15 was muted. US investors…