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1 – 10 of 133However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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This is the first investment-grade (IG) rating given to Athens by one of the ‘big three’ rating agencies since 2010. The upgrade reflects Greece’s strong post-pandemic economic…
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DOI: 10.1108/OXAN-DB283186
ISSN: 2633-304X
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…
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DOI: 10.1108/OXAN-DB280445
ISSN: 2633-304X
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It followed the EU’s disbursement on April 25 of a third lending tranche of EUR1.5bn (USD1.65bn) from its EUR18.0bn macro-financial assistance package. In both cases, the money…
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DOI: 10.1108/OXAN-DB278935
ISSN: 2633-304X
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INTERNATIONAL: Weak activity to push forecasts down
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DOI: 10.1108/OXAN-ES281450
ISSN: 2633-304X
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The ECB stopped buying more government bonds under the pandemic-emergency-purchase-programme (PEPP) at the end of March and the asset-purchase-programme (APP) on July 1. Spreads…
The Bank of England (BoE) judged this a material risk to financial stability and stabilised the market by buying gilts. This prevented wider crisis but the gilt market spike has…
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DOI: 10.1108/OXAN-DB274645
ISSN: 2633-304X
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Investment-grade borrowing costs have risen in the United States, Europe and emerging markets (EM) this year. The increase has been much more pronounced for non-investment-grade…
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DOI: 10.1108/OXAN-DB271600
ISSN: 2633-304X
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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Prospects for Turkey in 2023.