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Resigning Slovene premier aims to limit election loss

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SLOVENIA

The proximate reason is the Supreme Court’s decision that the Cerar government’s referendum campaign backing a second railway line between the state-owned port of Koper and the…

Thailand’s democratic deficit will dampen GDP growth

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THAILAND

Outlook for the Thai economy.

Turkmenistan is ill-equipped to adapt to low gas price

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TURKMENISTAN

Shortages in Turkmenistan despite gas wealth.

Risk of Greek euro exit has risen but is still small

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GREECE

The prospects for Greek departure from the euro-area.

2023 will test East European V4 economies’ resilience

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EASTERN EUROPE

Economic hardship may be increasing support for populism and far-right politics, especially in the more vulnerable Slovakia and Hungary. Proximity to the war, including spending…

Prospects for South Africa to end-2023

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PROSPECTS H2 2023

The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first…

Kuwait faces a deferred liquidity crunch

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KUWAIT

The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…

Turkey must reform structurally to meet fiscal targets

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TURKEY

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…

Prospects for Turkey in 2023

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PROSPECTS 2023

Prospects for Turkey in 2023.

Puerto Rican fiscal crunch is approaching Congress

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PUERTO RICO

Puerto Rico has suffered from an inability to service its debts, as its economy has been in or near recession since 2005. Its population has declined -- especially the working age…