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1 – 10 of 22Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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The MNB’s decision marks the first effective decrease in borrowing costs in Hungary in three years, firing the starting gun on looser monetary policy in Central European (CE…
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DOI: 10.1108/OXAN-DB279532
ISSN: 2633-304X
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Investment in infrastructure has offered opportunities for economic expansion despite shrinking exports, weak consumption, inflation and high interest rates. Romania’s positive…
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DOI: 10.1108/OXAN-DB275559
ISSN: 2633-304X
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LEBANON: Beirut will win little aid to address crises
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DOI: 10.1108/OXAN-ES257840
ISSN: 2633-304X
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Lebanon won aid pledges exceeding eleven billion dollars on April 6 during a conference in Paris, named CEDRE, that aimed to rally international support for a massive investment…
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DOI: 10.1108/OXAN-DB232207
ISSN: 2633-304X
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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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LEBANON: Elites will seek return to business-as-usual
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DOI: 10.1108/OXAN-ES257035
ISSN: 2633-304X
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MIDDLE EAST: Gulf states fear unrest in Arab kingdoms
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DOI: 10.1108/OXAN-ES238979
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB270291
ISSN: 2633-304X
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British Airways stopped selling tickets in Egyptian pounds because it could not convert earnings into dollars. At end of February, Egypt's foreign reserves stood 16.53 billion…