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Italy's Renzi will face critical tests before year-end

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ITALY

This is a crucial step for the government before year-end, together with long-term banking issues and slowing economic recovery. The European Commission has allowed Italy…

Government may water down Greek pension reform

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GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Nationalisation is only start of Ukraine bank reforms

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UKRAINE

Nationalisation of Ukraine's largest bank.

Reshuffle may not save Slovenia’s faltering government

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SLOVENIA

Golob said the government could now press on with the transformation of Slovenia for which it was elected last June: 2023 would be the year of reforms. A referendum in November…

EURO-AREA: Banking union faces long-term risks

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EURO-AREA

Banking union outlook.

Russia will prioritise rainy day reserves build-up

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RUSSIA

While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…

Sri Lanka government will shrug off unpopularity

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SRI LANKA

Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…

Jamaican budget offers stability, but risks persist

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JAMAICA

Jamaica's economic outlook.

IMF may stop contributing to Greek bailout

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GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Prospects for the global economy in 2016

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PROSPECTS 2016

Prospects for the global economy in 2016.